Project Go Inc

Analysis

Project Go Inc is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Project Go Inc reported income of $5.5m and spending of $4.9m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $5.5m (+40%), an average of +8.9% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Project Go Inc 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 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Pennsylvania Community Real Estate Corporation ($5.5m), Lgarpa Corp ($5.5m) and Maac Housing Corporation ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $925k (19% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $6.0m against liabilities of $252k, net assets of $5.8m. It reported 35 employees.