Projectigive Inc

Analysis

Projectigive Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Projectigive Inc reported income of $55k and spending of $57k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $16k to $55k (+252%), an average of +252% a year. The sharpest change came in the year to December 2023, when income rose by 252%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Projectigive Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Jacksonville Kiwanis Foundation ($55k), Lafayette County Cancer Coalition ($55k) and Mellette Memorial Association ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,384 against liabilities of $0, net assets of $2,384.