Equitable Grading Project Inc

Analysis

Equitable Grading Project Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in October 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 (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, Equitable Grading Project Inc reported income of $120k and spending of $122k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $10k to $120k (+1100%), an average of +1100% a year. The sharpest change came in the year to December 2023, when income rose by 1100%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Equitable Grading Project Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Scaffold Resource Charitable Fund ($120k), Rotary Club of Peoria-North Foundation ($120k) and St Clement Community Foundation ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,132 against liabilities of $0, net assets of $5,132.