Project Ole

Analysis

Project Ole is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Project Ole reported income of $135k and spending of $82k, leaving 39% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $108k to $135k (+25%), an average of +4.6% a year. The sharpest change came in the year to July 2022, when income rose by 32%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Ole sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Woodland Centers Inc ($135k), Friends of Mandarin Immersion Program ($135k) and Noble Academy Corp ($135k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $388k against liabilities of $0, net assets of $388k.