Micah Project Inc

Analysis

Micah Project Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Micah Project Inc reported income of $1.5m and spending of $1.8m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Micah Project Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include International Health Care Foundation ($1.5m), Cleveland Council on World Affairs ($1.5m) and Global Distribution Fund Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $69k (3.9% of expenses). At year end it held assets of $318k against liabilities of $9,551, net assets of $308k. It reported 1 employees.