Gendercool Project

Analysis

Gendercool Project is a registered charity in United States, based in Highland Park, IL. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gendercool Project reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $1.4m (+560%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 418%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gendercool Project sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Assistance League of Denver ($1.4m), Family Promise Montco Pa ($1.4m) and Lutheran Services in Iowa Charitable Foundation Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $90k (6.8% of expenses). Other salaries and wages came to $591k. At year end it held assets of $836k against liabilities of $137k, net assets of $699k. It reported 17 employees.