Project Oneten NFP

Analysis

Project Oneten NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Project Oneten NFP reported income of $384k and spending of $255k, leaving 33% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $102k to $384k (+276%), an average of +276% a year. The sharpest change came in the year to June 2023, when income rose by 276%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Oneten NFP sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include USA Camp Group ($384k), Dakota Center Inc ($384k) and North Yellowstone Education Foundation ($384k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $6,250 (2.4% of expenses). At year end it held assets of $185k against liabilities of $0, net assets of $185k.