Project I Am NFP

Analysis

Project I Am NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 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 (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, Project I Am NFP reported income of $169k and spending of $156k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $169k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project I Am NFP sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Bikkur Cholim of Philadelphia Inc ($169k), Kato Design Inc ($170k) and Family Guidance Center Transitional Housing Corporation ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $111k against liabilities of $35k, net assets of $76k.