Public Good Projects

Analysis

Public Good Projects is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Public Good Projects reported income of $7.8m and spending of $9.0m, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.9m to $7.8m (+103%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Public Good Projects sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include NHRMC Home Care ($7.8m), North Shore- Lij Medical Group at Huntington PC ($7.8m) and Council on Alcoholism & Drug Abuse ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $1.2m (13% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $2.3m against liabilities of $1.7m, net assets of $625k. It reported 71 employees.