Project Life Inc

Analysis

Project Life Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Life Inc reported income of $167k and spending of $110k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $104k to $167k (+60%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Life Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Wisner Community Senior Citizens Inc ($167k), Hope Full Farm ($167k) and Porterville Gleaning Seniors Inc ($167k).

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 $67k against liabilities of $0, net assets of $67k.