The Expectations Project Inc

Analysis

The Expectations Project Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Expectations Project Inc reported income of $1.5m and spending of $1.1m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 498%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Expectations Project Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Rescue a Generation Inc ($1.5m), National Center for Montessori in the Public Sector ($1.5m) and North Platte Catholic Shools Endowment-Trust Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $181k (17% of expenses). Other salaries and wages came to $404k. It paid $28k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $15k, net assets of $1.2m. It reported 6 employees.