Benedictine Project Corporation

Analysis

Benedictine Project Corporation is a registered charity in United States, based in Post Falls, ID. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Benedictine Project Corporation reported income of $434k and spending of $536k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $616k to $434k (-29%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Benedictine Project Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within ID. Charities of a similar size with the same main cause include Light of Life Ministries ($434k), Lisa Bain Ministries Inc ($434k) and Friends of Beis Chana Tzfas Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,856 against liabilities of $0, net assets of $4,856.