Jasper Project Inc

Analysis

Jasper Project Inc is a registered charity in United States, based in Chapin, SC. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Jasper Project Inc reported income of $74k and spending of $72k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $74k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jasper Project Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 35th percentile within SC. Charities of a similar size with the same main cause include Apalachicola Maritime Museum ($74k), Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer ($74k) and New York Flute Club Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.