Guiding Star Project

Analysis

Guiding Star Project is a registered charity in United States, based in Orange City, IA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. 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 June 2024, Guiding Star Project reported income of $166k and spending of $157k, spending 95% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $64k to $166k (+160%), an average of +61% a year. The sharpest change came in the year to June 2023, when income rose by 205%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guiding Star Project sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IA. Charities of a similar size with the same main cause include Us-Asean Business Council Institute Inc ($166k), Society of American Military Engineers ($166k) and Arc of Morgan County ($166k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $137k against liabilities of $1,873, net assets of $135k.