The Beautiful Project Inc

Analysis

The Beautiful Project Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in April 2020, 6 years ago. 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, The Beautiful Project Inc reported income of $396k and spending of $515k, spending 130% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $341k to $396k (+16%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Beautiful Project Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Rock Foundation Inc ($396k), The Delta House Inc ($396k) and New England Conference of Public Utilities Commissioners Inc ($396k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $343k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 5 employees.