Project Vic International Inc

Analysis

Project Vic International Inc is a registered charity in United States, based in Neptune City, NJ. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Project Vic International Inc reported income of $90k and spending of $141k, spending 157% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $953k to $90k (-91%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 66% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project Vic International Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Peace Island Childrens Center Inc ($90k), Fundacion Mama Margarita DB ($90k) and Heal Foundation ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $632k against liabilities of $725, net assets of $631k.