Theatre Project of Grand Junction

Analysis

Theatre Project of Grand Junction is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in June 2018, 8 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Theatre Project of Grand Junction reported income of $101k and spending of $130k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $137k to $101k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Theatre Project of Grand Junction sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include Wahpeton Harmony Senior Citizens Club Inc ($101k), Habitat for Humanity International Inc ($101k) and Alumni Association of the Hartford Public High School ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. At year end it held assets of $35k against liabilities of $8,397, net assets of $27k.