Policy Project

Analysis

Policy Project is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Policy Project reported income of $2.6m and spending of $458k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.9m to $2.6m (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Policy Project sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include Land Is Life Inc ($2.6m), Crowleys Ridge Academy ($2.6m) and New Mexico Community Development Loan Fund ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $196k (43% of expenses). Other salaries and wages came to $77k. It paid $23k in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $14k, net assets of $2.7m. It reported 4 employees.