Project 43 19 Inc

Analysis

Project 43 19 Inc is a registered charity in United States, based in China Grove, NC. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Project 43 19 Inc reported income of $75k and spending of $60k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $75k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Project 43 19 Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Ignite Purpose ($75k), Living Loved Ministries Inc ($75k) and International Churches Ministry Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.