The Decade Project

Analysis

The Decade Project is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, The Decade Project reported income of $410k and spending of $265k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $410k (+225%), an average of +225% a year. The sharpest change came in the year to December 2023, when income rose by 225%. Over the whole period it spent 49% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Decade Project sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Staten Island Urban Center Inc ($410k), West Indianapolis Development Corp ($410k) and Junior League of Atlanta Inc ($410k).

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 $74k. At year end it held assets of $280k against liabilities of $9,203, net assets of $271k. It reported 2 employees.