Project One Foundation

Analysis

Project One Foundation is a registered charity in United States, based in Lone Tree, CO. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project One Foundation reported income of $77k and spending of $74k, spending 97% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $29k to $77k (+162%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Project One Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within CO. Charities of a similar size with the same main cause include Rotary Club of Forest Foundation Inc ($77k), Hand County Health Wellness and Community Foundation ($77k) and Teutopolis Educational Foundation ($77k).

At year end it held assets of $10k against liabilities of $0, net assets of $10k.