1017 Project

Analysis

1017 Project is a registered charity in United States, based in Powell Butte, OR. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, 1017 Project reported income of $401k and spending of $554k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $703k to $401k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 1017 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 67th percentile, and in the 66th percentile within OR. Charities of a similar size with the same main cause include Regional Child Advocacy Center Inc ($401k), Grace House of Brunswick Inc ($401k) and Furniture Friends ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $95k (17% of expenses). At year end it held assets of $503k against liabilities of $1,333, net assets of $501k. It reported 3 employees.