The Blessing Projects

Analysis

The Blessing Projects is a registered charity in United States, based in Moran, WY. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, 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, The Blessing Projects reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $774k to $1.2m (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Blessing Projects 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 81st percentile, and in the 85th percentile within WY. Charities of a similar size with the same main cause include Cayuga County Convention and Visitors Bureau Inc ($1.2m), Hudson Valley Agri-Business Development Corporation ($1.2m) and Thrill Mill Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $628k against liabilities of $26k, net assets of $602k. It reported 1 employees.