Project Home Trust
EIN: 814107218 · Goose Creek, SC · NTEE: L41
Is Project Home Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Project Home Trust
Project Home Trust (EIN: 814107218) is a nonprofit organization based in Goose Creek, SC, classified under NTEE code L41. The organization reported total revenue of $43K and total assets of $319K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Home Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Home Trust is a micro nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2017–2018). Revenue has grown at a compound annual rate of -87.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $47K |
| Surplus / Deficit | $-4,820 |
| Total Assets | $319K |
| Net Assets | $319K |
| Operating Margin | -11.3% |
| Months of Reserves | 80.7 months |
Financial Health Grade: B
In 2018, Project Home Trust reported a deficit of $5K with expenses exceeding revenue, holds 80.7 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2017–2018), Project Home Trust's revenue has declined at a compound annual growth rate (CAGR) of -87.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -87.4% | +240.1% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Project Home Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Project Home Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Project Home Trust
Is Project Home Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Project Home Trust (EIN: 814107218) insufficient data. 0 red flags identified, 0 strengths noted.
How does Project Home Trust spend its money?
Detailed spending breakdown data is not yet available for Project Home Trust. Check back for updated IRS 990 analysis.
Are donations to Project Home Trust tax-deductible?
Project Home Trust is registered as a tax-exempt nonprofit (EIN: 814107218). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Project Home Trust showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2017–2018), Project Home Trust's revenue has declined by 87.4%, moving from $338K to $43K. Total assets decreased by 1.5% over the same period, from $324K to $319K. Total functional expenses rose by 240.1%, from $14K to $47K. In its most recent filing year (2018), Project Home Trust reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $43K | $47K | $319K | $0 | — | View 990 |
| 2017 | $338K | $14K | $324K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Home Trust:
Data Sources and Methodology
This transparency report for Project Home Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.