Project C a R E of Texas Inc

Analysis

Project C a R E of Texas Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Project C a R E of Texas Inc reported income of $629k and spending of $683k, spending 109% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income grew from $521k to $629k (+21%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Project C a R E of Texas Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Boys & Girls Clubs of Central Carolina Foundation Inc ($629k), Center for Urban Rehabilitation and Empowerment C U R E Inc ($631k) and South High Marathon Dance Inc ($629k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.