Project Quest

Analysis

Project Quest is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Project Quest reported income of $6.4m and spending of $5.5m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $6.4m (+60%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Quest sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Saint Anthonys Community Center Inc ($6.4m), Seed Savers Exchange Inc ($6.4m) and Soldier on of Delaware Inc ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $124k (2.2% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $5.5m against liabilities of $2.2m, net assets of $3.3m. It reported 75 employees.