Project R12

Analysis

Project R12 is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 R12 reported income of $359k and spending of $435k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $391k to $359k (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project R12 sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within TN. Charities of a similar size with the same main cause include Africa Future Foundation ($359k), American Friends of Imrei Noam ($359k) and Building Everyones Success Together in West Africa ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $21k (4.8% of expenses). At year end it held assets of $111k against liabilities of $130k, net assets of -$19k. It reported 1 employees.