Project New Start Inc

Analysis

Project New Start Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 New Start Inc reported income of $535k and spending of $499k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $326k to $535k (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 95% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Project New Start Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within DE. Charities of a similar size with the same main cause include Community Dispute Settlement Center Inc ($534k), One Place Metro Alabama Family Justice Center ($535k) and Tulsa Lawyers for Children Inc ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $100k (20% of expenses). Other salaries and wages came to $160k. At year end it held assets of $148k against liabilities of $0, net assets of $148k. It reported 4 employees.