Proyecto Fe Inc

Analysis

Proyecto Fe Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in March 2000, 26 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, Proyecto Fe Inc reported income of $291k and spending of $393k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $535k to $291k (-46%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Proyecto Fe Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 56th percentile within AK. Charities of a similar size with the same main cause include Refugee Girls Worldwide USA Inc ($291k), Congo Leadership Initiative ($291k) and Poverty 2 Prosperity Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $44k. At year end it held assets of $468k against liabilities of $30k, net assets of $438k.