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Project Concern International

Registered · see notesEIN 95-2248462San Diego, CAOverseas aid and international
Income$4.9m2023-09
Spending$13.5msame year
Spent / received107%5-year average
Size in its cause93rd pctOverseas aid and international
Exempt since1963Publicly supported organisat
Employees2latest return

Analysis

Project Concern International is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 1963, 63 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 September 2023, Project Concern International reported income of $4.9m and spending of $13.5m, spending 273% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $53.9m to $4.9m (-91%), an average of -45% a year. The sharpest change came in the year to September 2022, when income dropped by 78%. Over the whole period it spent 107% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project Concern International sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include International Educational Programs Inc ($4.9m), Junior Achievement of Dallas Inc ($4.9m) and Bnai Zion Foundation Inc ($4.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.4m against liabilities of $993k, net assets of $362k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.

Income and spending

$0$15.3m$30.6m$46.0m$61.3m2019 Income: $53,882,9312019 Spending: $55,281,86520192020 Income: $53,415,7312020 Spending: $49,473,88820202021 Income: $55,099,2022021 Spending: $61,287,34620212022 Income: $12,210,2352022 Spending: $13,047,68120222023 Income: $4,929,0982023 Spending: $13,464,2652023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
International Educational Programs IncSan Antonio$4.9m
Junior Achievement of Dallas IncDallas$4.9m
Bnai Zion Foundation IncNew York$4.9m
Ezer Mzion IncBrooklyn$4.9m