Project Aware Inc

Analysis

Project Aware Inc is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Aware Inc reported income of $68k and spending of $108k, spending 157% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $87k to $68k (-21%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Project Aware Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within AZ. Charities of a similar size with the same main cause include River of Hope House ($68k), Cuyahoga Housing and Development Inc ($68k) and Enid Street Outreach Services Inc ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. At year end it held assets of $1.0m against liabilities of $110k, net assets of $926k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.