Project Life Impact Inc

Analysis

Project Life Impact Inc is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Life Impact Inc reported income of $3.0m and spending of $2.9m, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $723k to $3.0m (+322%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 219%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Life Impact Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Pennsylvania Partnerships for Children ($3.0m), Girl Effect Inc ($3.1m) and Boys & Girls Club of Yellowstone County ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $604k against liabilities of $487k, net assets of $118k. It reported 127 employees.