Project Future Incorporated
Analysis
Project Future Incorporated is a registered charity in United States, based in Smyrna, GA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Project Future Incorporated reported income of $196k and spending of $217k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $200k to $196k (-1.7%), an average of -1.7% a year. Over the whole period it spent 100% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Future Incorporated sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include New Hope for Disadvantaged Children ($196k), Police Athletic League of Hollywood ($196k) and The Advance Project ($196k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $2,360 against liabilities of $0, net assets of $2,360.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 60%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Hope for Disadvantaged Children | Cypress | $196k |
| Police Athletic League of Hollywood | Hollywood | $196k |
| The Advance Project | Gaithersburg | $196k |
| 20th District Drug Court Inc | Ardmore | $196k |