Project You Inc

Analysis

Project You Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project You Inc reported income of $996k and spending of $791k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $533k to $996k (+87%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Project You Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Pednet Coalition Inc ($995k), Bella Womens Center ($996k) and Mohawk Valley Economic Development District Inc ($995k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $476k. At year end it held assets of $495k against liabilities of $80k, net assets of $415k.