Paradigm Project

Analysis

Paradigm Project is a registered charity in United States, based in Mundelein, IL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Paradigm Project reported income of $448k and spending of $303k, leaving 32% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $291k to $448k (+54%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paradigm Project sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Science Coalition Inc ($448k), Eleazar Wheelock House Inc ($449k) and Educational Harbor Inc ($448k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $5,907 (2.0% of expenses). At year end it held assets of $288k against liabilities of $18k, net assets of $269k.