Project 2 Heal is a 501(c)(3) organization based in Waxhaw, North Carolina, registered in 2011, with $436,205 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$436K
▲ 8.4% vs prior year
Animals median: $151K
Expenses (FY2024)
$360K
Net assets
$400K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Project 2 Heal— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Project 2 Heal: 13 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Project 2 Heal— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Project 2 Heal: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $175K (FY2014) to $436K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
17.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$535K
Total liabilities
$135K
Net assets
$400K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $436,205▲8.4% | $360,354▼9.2% | $399,861▲23.4% | $534,894▲15.8% | 990 |
| 2023 | $402,310▲6.2% | $396,994▲8.9% | $324,009▲1.7% | $461,894▲0.3% | 990 |
| 2022 | $378,991▲14.8% | $364,382▲26.3% | $318,693▲4.8% | $460,296▲2.4% | 990 |
| 2021 | $330,267▲1.5% | $288,519▲9.8% | $304,084▲15.9% | $449,666▲11.2% | 990 |
| 2020 | $325,358▲18.4% | $262,846▲2.7% | $262,336▲31.3% | $404,236▲99.6% | 990 |
| 2019 | $274,805▲11.3% | $256,022▲15.5% | $199,824▲10.4% | $202,536▲11.9% | 990 |
| 2018 | $246,982▲5.6% | $221,668▲30.5% | $181,041▲16.3% | $181,041▲16.3% | 990 |
| 2017 | $233,939▲32.5% | $169,845▼12.7% | $155,727▲69.9% | $155,727▲61.5% | 990 |
| 2016 | $176,513▲30.7% | $194,501▲103% | $91,633▼16.4% | $96,445▼15.9% | 990EZ |
| 2015 | $135,064▼22.9% | $95,789▼9.1% | $109,621▲52.4% | $114,615▲48.7% | 990EZ |
| 2014 | $175,225 | $105,332 | $71,930 | $77,076 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
11 grants to Project 2 Heal totaling $156K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gary Sinise Foundation | Service animal grant | 2024 | $50,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $19,850 |
| The Blackbaud Giving Fund | General support | 2024 | $8,192 |
| American Online Giving Foundation Inc | General support | 2024 | $5,712 |
| American Online Giving Foundation Inc | General support | 2023 | $8,262 |
| Donor Advised Charitable Giving | Environmental and animals | 2023 | $7,500 |
| Donor Advised Charitable Giving | Environmental and animals | 2022 | $14,500 |
| The Blackbaud Giving Fund | General support | 2022 | $5,999 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $17,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $17,300 |
| Morgan Stanley Global Impact Funding Trust Inc | General support | 2016 | $1,000 |
Explore more
Data for Project 2 Heal (EIN 27-4525208) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.