New Pa Project Education Fund

Analysis

New Pa Project Education Fund is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, New Pa Project Education Fund reported income of $1.1m and spending of $1.5m, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $779k to $1.1m (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 87% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, New Pa Project Education Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Starfish Stories Inc ($1.1m), BLCK VC ($1.1m) and Crisis Support Network ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $243k against liabilities of $0, net assets of $243k.