Project 143 Foundation Inc

Analysis

Project 143 Foundation Inc is a registered charity in United States, based in Grovetown, GA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 143 Foundation Inc reported income of $196k and spending of $192k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $196k (+6.8%), an average of +6.8% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Project 143 Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include The Village of Spring Hill Inc ($196k), 1159 South Community Development Corporation ($196k) and Printing Industry of the Carolinas Foundation ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.