Project Pave Inc

Analysis

Project Pave Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Pave Inc reported income of $1.2m and spending of $1.2m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.4m to $1.2m (-17%), an average of -5.9% a year. The sharpest change came in the year to June 2021, when income dropped by 19%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Project Pave Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Mercer County Public Defender Corporation ($1.1m), Blount County Childrens Advocacy Center Inc ($1.2m) and Hardwired Incorporated ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $195k (16% of expenses). Other salaries and wages came to $671k. At year end it held assets of $1.7m against liabilities of $244k, net assets of $1.4m. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.