Shanti Project Inc

Analysis

Shanti Project Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1975, 51 years ago. 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 June 2023, Shanti Project Inc reported income of $8.0m and spending of $9.0m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $8.0m (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shanti Project Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include North Florida School of Special Education ($8.0m), The Ohio Organzing Collaborative ($8.0m) and Habitat for Humanity International Inc ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $534k (5.9% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $5.7m against liabilities of $2.2m, net assets of $3.5m. It reported 83 employees.