Project 216 Inc

Analysis

Project 216 Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 216 Inc reported income of $216k and spending of $217k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $192k to $216k (+13%), an average of +13% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project 216 Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Medina County Law Enforcement Association LLC ($216k), Touching Africa Ministries ($217k) and Beloved Youth Moving Forward Inc ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $50k (23% of expenses). At year end it held assets of $83k against liabilities of $2,356, net assets of $81k. It reported 4 employees.