Cardboard Project

Analysis

Cardboard Project is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Cardboard Project reported income of $1.4m and spending of $549k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $1.4m (+613%), an average of +613% a year. The sharpest change came in the year to December 2023, when income rose by 613%. Over the whole period it spent 48% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cardboard Project sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Northside Development Corporation ($1.4m), Pennsylvania State Association of County Fairs ($1.4m) and South Suburban Mayors & Managers Association ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $18k (3.2% of expenses). Other salaries and wages came to $60k. It paid $19k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $85k, net assets of $984k. It reported 3 employees.