Project R E S T is a 501(c)(3) organization based in Spartanburg, South Carolina, registered in 1984, with $2,636,608 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.6M
▲ 18.4% vs prior year
Human Services median: $293K
Expenses (FY2024)
$2.5M
Net assets
$2.3M
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 R E S T— 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 R E S T: 11 mo reserves · +5% 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 R E S T— 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 R E S T: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $2.3M (FY2017) to $2.6M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
4.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.6M
Total liabilities
$366K
Net assets
$2.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,636,608▲18.4% | $2,510,441▲4.7% | $2,255,400▲7.3% | $2,621,582▲11.4% | 990 |
| 2023 | $2,226,620▼9.3% | $2,397,506▼7.8% | $2,102,555▼7.0% | $2,354,108▼13.1% | 990 |
| 2022 | $2,453,809▲2.3% | $2,600,999▲5.3% | $2,260,474▼7.1% | $2,710,286▲0.2% | 990 |
| 2021 | $2,398,060▼6.5% | $2,469,748▼1.8% | $2,433,233▼2.9% | $2,704,979▼4.1% | 990 |
| 2020 | $2,564,184▲0.3% | $2,514,397▼4.7% | $2,504,921▲2.0% | $2,821,241▲1.8% | 990 |
| 2019 | $2,556,315▲0.7% | $2,638,407▲4.9% | $2,455,134▼3.2% | $2,772,589▼1.5% | 990 |
| 2018 | $2,538,117▲8.8% | $2,515,899▲4.0% | $2,537,226▲0.9% | $2,813,751▼1.5% | 990 |
| 2017 | $2,333,562 | $2,419,991 | $2,515,008 | $2,856,040 | 990 |
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.
1 grant to Project R E S T totaling $65K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $65,100 |
Explore more
Data for Project R E S T (EIN 57-0760599) 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.