Project Aid & Rescue Inc

Analysis

Project Aid & Rescue Inc is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Aid & Rescue Inc reported income of $405k and spending of $320k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $405k (+312%), an average of +312% a year. The sharpest change came in the year to December 2023, when income rose by 312%. Over the whole period it spent 81% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project Aid & Rescue Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include A Hopeful Encounter Inc ($405k), United Nations Association of the USA Capital Area Division ($406k) and Guatemala Childrens Mission Inc ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.