Project 2411 Ministries

Analysis

Project 2411 Ministries is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2411 Ministries reported income of $1.1m and spending of $200k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.1m (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2023, when income rose by 678%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Project 2411 Ministries sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Coates Ministries Inc ($1.1m), Bet Shraga Hebrew Academy of the Capital District ($1.1m) and Soul Restoration Project ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $159k (79% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 1 employees.