Project Ukraine

Analysis

Project Ukraine is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 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, Project Ukraine reported income of $332k and spending of $339k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $332k (+403%), an average of +403% a year. The sharpest change came in the year to December 2023, when income rose by 403%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Ukraine sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Ormond Beach Soccer Club Inc ($332k), Rose State College Foundation Inc ($332k) and The North Carolina Writers Network Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $51k in professional fundraising fees. At year end it held assets of $64k against liabilities of $0, net assets of $64k.