The 88 Project

Analysis

The 88 Project is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 88 Project reported income of $306k and spending of $307k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $224k to $306k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The 88 Project sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Mission Resource International Inc ($306k), Christian Light School ($306k) and Make a Difference Leadership Foundation ($306k).

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 $51k (17% of expenses). Other salaries and wages came to $222k. At year end it held assets of $106k against liabilities of $0, net assets of $106k. It reported 2 employees.