Infinite Worth Project

Analysis

Infinite Worth Project is a registered charity in United States, based in Snowflake, AZ. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Infinite Worth Project reported income of $547k and spending of $534k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $547k (+893%), an average of +894% a year. The sharpest change came in the year to December 2023, when income rose by 893%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Infinite Worth Project sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Harmony Village Inc ($547k), Paul Vision Ministries ($547k) and Libbies Place ($547k).

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 $380k. It paid $28k in professional fundraising fees. At year end it held assets of $55k against liabilities of $8,489, net assets of $47k. It reported 19 employees.