Exodus Projects

Analysis

Exodus Projects is a registered charity in United States, based in Crete, IL. It received its IRS tax-exemption ruling in June 2016, 10 years ago. 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, Exodus Projects reported income of $246k and spending of $84k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $246k (+283%), an average of +283% a year. The sharpest change came in the year to December 2023, when income rose by 283%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Exodus Projects sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include New Marblehead Seniors Housing Corporation ($246k), Etc All American Youth Show Choir Inc ($246k) and Missionary Image of Our Lady of Guadalupe Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $319k against liabilities of $76k, net assets of $242k.