Project Giving Light a Non Profit Corporation

Analysis

Project Giving Light a Non Profit Corporation is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Giving Light a Non Profit Corporation reported income of $111k and spending of $144k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $111k (-2.0%), an average of -2.0% a year. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Giving Light a Non Profit Corporation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Unified Potential Inc ($111k), Fruitful Living Enterprises ($111k) and The Smallest Seed Inc ($111k).

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 $92k against liabilities of $0, net assets of $92k.