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Project South the Institution for the Elimination Poverty & Genocide

RegisteredEIN 58-1956686Atlanta, GAOther charitable purposes
Income$12.0m2023-12
Spending$6.4msame year
Spent / received54%5-year average
Size in its cause96th pctOther charitable purposes
Exempt since1994Publicly supported organisat
Employees54latest return

Analysis

Project South the Institution for the Elimination Poverty & Genocide is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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 South the Institution for the Elimination Poverty & Genocide reported income of $12.0m and spending of $6.4m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $12.0m (+987%), an average of +82% a year. The sharpest change came in the year to December 2020, when income rose by 680%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project South the Institution for the Elimination Poverty & Genocide sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Harborcreek Youth Services ($12.0m), Mid-Columbia Community Action Council Inc ($12.0m) and Goodwill Industries of Erie Huron Ottawa & Sandusky Counties Inc ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $19.4m against liabilities of $3.0m, net assets of $16.4m. It reported 54 employees.

Income and spending

$0$7.1m$14.2m$21.3m$28.4m2019 Income: $1,102,7032019 Spending: $1,942,50320192020 Income: $8,604,8772020 Spending: $4,476,26220202021 Income: $28,428,4722021 Spending: $8,196,97820212022 Income: $12,808,6632022 Spending: $12,670,54620222023 Income: $11,980,8852023 Spending: $6,366,4942023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Program services 0.8%
  • Other 2.0%

Similar-sized charities, same cause

CharityLocationIncome
Harborcreek Youth ServicesHarborcreek$12.0m
Mid-Columbia Community Action Council IncThe Dalles$12.0m
Goodwill Industries of Erie Huron Ottawa & Sandusky Counties IncSandusky$12.0m
West Vue IncWest Plains$12.0m