Project Build a Future

Analysis

Project Build a Future is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Build a Future reported income of $938k and spending of $889k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $547k to $938k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Project Build a Future sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within LA. Charities of a similar size with the same main cause include Brown Lawson Housing Development Corporation ($937k), Greencroft Middlebury Inc ($938k) and Elijah Family Homes ($937k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 37% of the total. Other salaries and wages came to $206k. At year end it held assets of $2.7m against liabilities of $987k, net assets of $1.7m. It reported 5 employees.