Project Host Inc

Analysis

Project Host Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in September 1993, 33 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Project Host Inc reported income of $1.5m and spending of $1.2m, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $921k to $1.5m (+67%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Host Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Association for Community Living in Boulder County ($1.5m), Catholic Charities of Idaho Inc ($1.5m) and Making Hope Happen Foundation ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 16% of the total. Other salaries and wages came to $447k. At year end it held assets of $3.4m against liabilities of $23k, net assets of $3.4m. It reported 14 employees.