Project Id Inc

Analysis

Project Id Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Id Inc reported income of $613k and spending of $469k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $613k (+134%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 176%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Project Id Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Dallas Judo Inc ($613k), Sheriff Police Activities League of Memphis and Shelby County TN ($613k) and Winthrop Ice & Sports Rink ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $79k (17% of expenses). Other salaries and wages came to $195k. At year end it held assets of $240k against liabilities of $0, net assets of $240k. It reported 10 employees.