Project Advantage

Analysis

Project Advantage is a registered charity in United States, based in Cedar Springs, MI. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Advantage reported income of $838k and spending of $710k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $406k to $838k (+106%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Project Advantage sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Harrisburg Baseball Association Inc ($838k), Pro Baseball Club ($838k) and Central Mass Juniors Volleyball Club ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 78% of the total. Other salaries and wages came to $167k. At year end it held assets of $2.3m against liabilities of $2.0m, net assets of $274k. It reported 21 employees.