Project Glimmer

Analysis

Project Glimmer is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 2013, 13 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 December 2023, Project Glimmer reported income of $23.7m and spending of $22.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.1m to $23.7m (+136%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Glimmer sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Menorah Manor Inc ($23.7m), Miracle Hill Ministries Inc ($23.7m) and Community Health Ctr of Central Missouri ($23.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $212k (0.9% of expenses). Other salaries and wages came to $160k. At year end it held assets of $4.7m against liabilities of $67k, net assets of $4.7m. It reported 5 employees.