Project Color Corps

Analysis

Project Color Corps is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Color Corps reported income of $55k and spending of $77k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $55k (-43%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Color Corps sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Educate Elevate Empower Inc ($55k), Dermed Inc ($55k) and Paschal Enrichment Foundation ($55k).

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 $108k against liabilities of $949, net assets of $107k.