Project Hope of Lane County

Analysis

Project Hope of Lane County is a registered charity in United States, based in Springfield, OR. It received its IRS tax-exemption ruling in January 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project Hope of Lane County reported income of $107k and spending of $140k, spending 131% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $211k to $107k (-49%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. 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 Hope of Lane County sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within OR. Charities of a similar size with the same main cause include Coral Springs Police Officers Foundation Fop Lodge 87 ($107k), St Josephs Educational Foundation Inc ($107k) and Kings Bay Rotary Charitable Foundation Inc ($107k).

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 $19k against liabilities of $3,997, net assets of $15k.