Project Reflect

Analysis

Project Reflect is a registered charity in United States, based in Madison, TN. It received its IRS tax-exemption ruling in April 1997, 29 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 June 2023, Project Reflect reported income of $6.6m and spending of $5.8m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $6.6m (+136%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Reflect sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Aam Foundation ($6.6m), South Carolina High School League ($6.6m) and Orthopedic Trauma Association Inc ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $182k (3.1% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $5.0m against liabilities of $1.5m, net assets of $3.5m. It reported 65 employees.