Project Orphans Inc

Analysis

Project Orphans Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Orphans Inc reported income of $1.7m and spending of $1.2m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $557k to $1.7m (+199%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Project Orphans Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within OK. Charities of a similar size with the same main cause include Every Orphans Hope ($1.7m), Camp Spalding ($1.7m) and Storahtelling Lab Shul Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $99k (8.0% of expenses). At year end it held assets of $1.2m against liabilities of $15k, net assets of $1.2m. It reported 21 employees.