Project Chimps

Analysis

Project Chimps is a registered charity in United States, based in Morgantown, GA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Chimps reported income of $5.4m and spending of $3.5m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $5.4m (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 83% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Project Chimps 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 92nd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Humane Society of Sarasota County Inc ($5.3m), The Bond Between PC ($5.4m) and Bonefish & Tarpon Trust Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $132k (3.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $13.3m against liabilities of $4.6m, net assets of $8.7m. It reported 52 employees.