Project Tribute Foundation

Analysis

Project Tribute Foundation is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Tribute Foundation reported income of $131k and spending of $125k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $131k (+178%), an average of +178% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Project Tribute Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OK. Charities of a similar size with the same main cause include Rotary Club of Buffalo Grove Charitable Foundation ($131k), Lazos Inc ($131k) and Pioneer Spirit Foundation ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $18k against liabilities of $7, net assets of $18k.