Good Projects

Analysis

Good Projects is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Good Projects reported income of $1.6m and spending of $1.9m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Good Projects sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 63rd percentile within DC. Charities of a similar size with the same main cause include Fu Jen University Foundation ($1.6m), United Way of the Brazos Valley Inc ($1.6m) and Ronald McDonald House Charities Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $148k (7.9% of expenses). Other salaries and wages came to $593k. At year end it held assets of $575k against liabilities of $220k, net assets of $355k. It reported 34 employees.