Gulu Project Inc

Analysis

Gulu Project Inc is a registered charity in United States, based in Hockessin, DE. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Gulu Project Inc reported income of $52k and spending of $61k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $52k (+139%), an average of +139% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Gulu Project Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within DE. Charities of a similar size with the same main cause include Sahakyan Bagramyan Fund ($52k), Aauw Florida Supporting Foundation Inc ($52k) and Leborne Development ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.