Project Alive

Analysis

Project Alive is a registered charity in United States, based in Davenport, FL. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Alive reported income of $302k and spending of $439k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $418k to $302k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 320%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Project Alive sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Old Westbury Golf and Country Club Foundation Inc ($302k), Warner Theatre Preservation Trust ($302k) and Edwards Hope Corporation ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $75k (17% of expenses). Other salaries and wages came to $55k. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m. It reported 2 employees.