Project Celebration Inc

Analysis

Project Celebration Inc is a registered charity in United States, based in Many, LA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Celebration Inc reported income of $2.0m and spending of $2.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.0m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Celebration Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include District of Evansville of the Society of St Vincent de Paul Inc ($2.0m), Henry County Agricultural Society Inc ($2.0m) and Boys & Girls Club Family Center Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $121k (5.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.5m against liabilities of $446k, net assets of $1.1m. It reported 41 employees.