Linus Project

Analysis

Linus Project is a registered charity in United States, based in Stockton, MO. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Linus Project reported income of $1.0m and spending of $749k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $705k to $1.0m (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Linus Project sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include Cheryl a Anderson Sorensen Childcare Center ($1.0m), Gamma Phi Delta Sorority ($1.0m) and Gospel Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $87k (12% of expenses). Other salaries and wages came to $31k. At year end it held assets of $1.9m against liabilities of $85k, net assets of $1.8m. It reported 4 employees.