Project Got Your Back

Analysis

Project Got Your Back is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover human services, 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 September 2024, Project Got Your Back reported income of $77k and spending of $74k, spending 96% of its income. Across the 3 years on record, from September 2022 to September 2024, income fell from $84k to $77k (-8.6%), an average of -4.4% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Got Your Back sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Westhampton Beach Football Club Corp ($77k), Jeeahs Hope Inc ($77k) and Special Needs Assistance Inc ($77k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.