Alabaster Jar Project

Analysis

Alabaster Jar Project is a registered charity in United States, based in Escondido, CA. It received its IRS tax-exemption ruling in July 2014, 12 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 June 2024, Alabaster Jar Project reported income of $563k and spending of $557k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $255k to $563k (+121%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alabaster Jar Project sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include First Presbyterian Church Housing Corporation ($563k), Salem Foundation ($563k) and Bless Your Heart Nonprofit Corporation ($563k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $73k (13% of expenses). Other salaries and wages came to $219k. At year end it held assets of $947k against liabilities of $509k, net assets of $438k. It reported 9 employees.