Project Shelter Inc

Analysis

Project Shelter Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in October 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, Project Shelter Inc reported income of $720k and spending of $683k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $720k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Project Shelter Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Americans for Limited Government Research Foundation Inc ($720k), Vincent B and Barbara G Welch Supporting Organization ($720k) and Foundation for International Medical Relief of Children ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.