Picnic Project Inc

Analysis

Picnic Project Inc is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in October 2014, 12 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, Picnic Project Inc reported income of $191k and spending of $148k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $191k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Picnic Project Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Soci of St Vincent de Paul St John Evang Conference of Vancouver ($191k), St Nicholas Neighbor in Need ($191k) and Seeds Wilderness Way ($191k).

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 $103k against liabilities of $4,986, net assets of $98k.