Project Paraguay Foundation

Analysis

Project Paraguay Foundation is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Paraguay Foundation reported income of $80k and spending of $76k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $80k (-15%), an average of -15% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Project Paraguay Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Network Bible Translators Inc ($80k), Soul Seeker Ministries ($80k) and Ministerio Toda LA Gracia ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.