Caravanserai Project

Analysis

Caravanserai Project is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Caravanserai Project reported income of $2.4m and spending of $1.5m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $2.4m (+673%), an average of +67% a year. The sharpest change came in the year to December 2021, when income rose by 188%. Over the whole period it spent 75% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Caravanserai Project sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Junior Achievement USA ($2.4m), Jambo Tanzania Inc ($2.4m) and Ohana One International Surgical Aid ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $149k (9.7% of expenses). Other salaries and wages came to $178k. At year end it held assets of $1.5m against liabilities of $122k, net assets of $1.4m.