Project Insight Inc

Analysis

Project Insight Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Project Insight Inc reported income of $5.1m and spending of $5.1m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $5.1m (+106%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Insight Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Masonicare at Home Inc ($5.1m), Helping Hands for the Disabled ($5.1m) and Harlan County Community Action Agency Inc ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $187k (3.7% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $2.4m against liabilities of $445k, net assets of $1.9m. It reported 179 employees.