Site Projects Inc

Analysis

Site Projects Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Site Projects Inc reported income of $58k and spending of $35k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $58k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Site Projects Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within CT. Charities of a similar size with the same main cause include Mystic Valley Railway Society Inc ($58k), Gallery Night Providence Inc ($58k) and Bartlesville Community Concert Association ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.