Thee Quaker Project

Analysis

Thee Quaker Project is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Thee Quaker Project reported income of $148k and spending of $123k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $64k to $148k (+130%), an average of +130% a year. The sharpest change came in the year to June 2023, when income rose by 130%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Thee Quaker Project sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Assembly of God Church Grace Ministry ($148k), Serve One ($148k) and Thompson Hopewell Primitive Baptist Church ($148k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $1,132, net assets of $81k.