Minjin Project

Analysis

Minjin Project is a registered charity in United States, based in Hastings, FL. It received its IRS tax-exemption ruling in March 2016, 10 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 2023, Minjin Project reported income of $106k and spending of $116k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $434k to $106k (-76%), an average of -76% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. 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, Minjin Project sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Clearwater County Food Shelf ($106k), Hart of Folsom ($106k) and Agazian Media Foundation Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $15k. At year end it held assets of $35k against liabilities of $1,427, net assets of $34k. It reported 1 employees.