Project Rescue Foundation

Analysis

Project Rescue Foundation is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in March 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 December 2022, Project Rescue Foundation reported income of $5.3m and spending of $3.5m, leaving 35% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.5m to $5.3m (+251%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Rescue Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Care Plus Workforce Solutions Inc ($5.3m), Carelink Corporation ($5.3m) and Smyal Inc ($5.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $135k (3.9% of expenses). Other salaries and wages came to $514k. At year end it held assets of $6.6m against liabilities of $1.1m, net assets of $5.5m. It reported 18 employees.