The Sneaker Project

Analysis

The Sneaker Project is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in May 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Sneaker Project reported income of $73k and spending of $72k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $73k (+17%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Sneaker Project sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MO. Charities of a similar size with the same main cause include Village Gallery of Arts ($73k), Vietnam Veterans of Indian River County Inc ($73k) and Christopher Ricardo Cystic Fibrosis Foundation Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.