Living City Project

Analysis

Living City Project is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Living City Project reported income of $213k and spending of $217k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $213k (+586%), an average of +586% a year. The sharpest change came in the year to December 2023, when income rose by 586%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Living City Project sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Destination Crenshaw Support Foundation ($213k), Winchester Little Theatre Incorporated ($213k) and Annie E Woodman Institute Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $56k (26% of expenses). Other salaries and wages came to $25k. At year end it held assets of $499k against liabilities of $472k, net assets of $27k. It reported 4 employees.