Dharma Project Inc

Analysis

Dharma Project Inc is a registered charity in United States, based in Acworth, GA. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dharma Project Inc reported income of $131k and spending of $156k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $239k to $131k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dharma Project Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within GA. Charities of a similar size with the same main cause include Citizens for a Better Eastern Shore ($131k), Martin Housing Corporation ($131k) and Elohim Child Care & Learning Center ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $6,073, net assets of $75k.