Side Project Inc

Analysis

Side Project Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2022, Side Project Inc reported income of $226k and spending of $402k, spending 178% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $306k to $226k (-26%), an average of -9.6% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 99% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Side Project Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Advocates in Action Rhode Island ($226k), International Mayan League-Usa Inc ($226k) and Massachusetts Chiefs of Police Association Foundation Inc ($226k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $37k (9.1% of expenses). At year end it held assets of $104k against liabilities of $4,887, net assets of $99k. It reported 2 employees.