Grandmother Project Inc

Analysis

Grandmother Project Inc is a registered charity in United States, based in Hideaway, TX. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Grandmother Project Inc reported income of $255k and spending of $307k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $273k to $255k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Grandmother 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 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include US Diplomatic Studies Foundation ($255k), Regeneration International ($256k) and Pearl Foundation Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $81k. At year end it held assets of $160k against liabilities of $0, net assets of $160k.