Project Thank a Cop

Analysis

Project Thank a Cop is a registered charity in United States, based in Wantagh, NY. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Project Thank a Cop reported income of $84k and spending of $87k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $84k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Thank a Cop sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Cans for Kids Inc ($84k), The Beerwalk ($84k) and Az-1 Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1,759 against liabilities of $0, net assets of $1,759.