Project Level

Analysis

Project Level is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Level reported income of $743k and spending of $533k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $211k to $743k (+251%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Project Level sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Italian Cultural Society ($743k), Barns of Rose Hill ($743k) and Chamber Music Society of Detroit ($742k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $311k (58% of expenses). At year end it held assets of $253k against liabilities of $0, net assets of $253k. It reported 5 employees.