Luke Project Inc

Analysis

Luke Project Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Luke Project Inc reported income of $178k and spending of $177k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $254k to $178k (-30%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Luke Project Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include M O M S Enrichment Center Inc ($177k), Cutler Ridge Riptides Parent Booster Club Inc ($178k) and Philadelphia Suns Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $77k (43% of expenses). Other salaries and wages came to $13k. At year end it held assets of $279k against liabilities of $2,086, net assets of $277k. It reported 5 employees.