Project to Advance Stenographic Reporting Inc

Analysis

Project to Advance Stenographic Reporting Inc is a registered charity in United States, based in Grafton, MA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Project to Advance Stenographic Reporting Inc reported income of $78k and spending of $111k, spending 142% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $243k to $78k (-68%), an average of -32% a year. The sharpest change came in the year to June 2023, when income dropped by 59%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project to Advance Stenographic Reporting 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 30th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Acadia University US Foundation Nova Scotia ($78k), Robotics Fund Inc ($78k) and Ortner Scholarship Foundation ($78k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.