Look for the Good Project Inc

Analysis

Look for the Good Project Inc is a registered charity in United States, based in Cheshire, CT. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Look for the Good Project Inc reported income of $311k and spending of $189k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $221k to $311k (+41%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Look for the Good Project Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Beheard World Inc ($311k), Childrens Arts Guild ($311k) and Carousel Society of the Niagara Frontier ($310k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $96k (51% of expenses). At year end it held assets of $195k against liabilities of $1,808, net assets of $193k. It reported 1 employees.