Project Will Inc

Analysis

Project Will Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Will Inc reported income of $407k and spending of $484k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $276k to $407k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Project Will Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Hunters Cmt4b3 Research Foundation Inc ($407k), Care Counselors Incorporated ($407k) and Pallium India Inc ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $300k. At year end it held assets of $180k against liabilities of $416k, net assets of -$236k.