Project Reclaim of Minden Inc

Analysis

Project Reclaim of Minden Inc is a registered charity in United States, based in Minden, LA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Project Reclaim of Minden Inc reported income of $138k and spending of $148k, spending 107% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $320k to $138k (-57%), an average of -57% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Reclaim of Minden Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within LA. Charities of a similar size with the same main cause include Aspire High Youth Development Inc ($138k), Buck Fever Bass Fever Inc ($138k) and Nature Coast Soccer Club Inc ($138k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 63% and program service revenue 32% of the total. At year end it held assets of $205k against liabilities of $2,551, net assets of $203k.