Project Care Inc

Analysis

Project Care Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Project Care Inc reported income of $636k and spending of $579k, spending 91% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $499k to $636k (+28%), an average of +8.4% a year. The sharpest change came in the year to September 2022, when income rose by 127%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Project Care Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include Mount Ephraim Senior Housing Initiative Inc ($635k), Fourth Street Senior Citizen Housing Corporation ($636k) and Highland Area Christian Service Ministry ($635k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $149k. At year end it held assets of $1.0m against liabilities of $24k, net assets of $996k. It reported 3 employees.