Project United Community Development Corporation

Analysis

Project United Community Development Corporation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2007, 19 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 December 2021, Project United Community Development Corporation reported income of $246k and spending of $14k, leaving 94% of income unspent that year. Across the 2 years on record, from December 2019 to December 2021, income grew from $112k to $246k (+120%), an average of +120% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project United Community Development Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Christmas Cheer All-Year Program ($246k), Gleaners Dispatch Inc ($246k) and Little Creations Academy Inc ($246k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.