Undies Project Inc

Analysis

Undies Project Inc is a registered charity in United States, based in Cos Cob, CT. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 June 2024, Undies Project Inc reported income of $156k and spending of $129k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $148k to $156k (+5.4%), an average of +5.4% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Undies Project Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include The Geyer Performing Arts Center ($156k), Coventry Girls Softball League Inc ($156k) and Little League Baseball Inc ($156k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.