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Filing year 2024

PROJECT 58

Lexington, North Carolina·EIN 81-2188516·NTEE X20 · Religion-Related·501(c)(3)
Total revenue
$15k
Total assets
$3.9M
Total expenses
$269k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. PROJECT 58 reported 3 unpaid officers and board members on its 990-PF.

Secretary
Treasurer
President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$8k

Itemized grants

7

Median grant

$800

RecipientLocationPurposeAmount
DUGIT OUTREACH MINISTRIESJACKSONVILLE, FLCHARITABLE$2k
TIKKUN INTERNATIONALGRAND PRAIRIE, TXCHARITABLE$2k
ENERGIZE MINISTRIESWINSTONSALEM, NCCHARITABLE$1k
INTERNATIONAL CHRISTIAN EMBASSY JERUSALEMNASHVILLE, TNCHARITABLE$800
THE FEED FOUNDATIONNEW YORK, NYCHARITABLE$750
MISCELLANEOUSLEXINGTON, NCCHARITABLE$600
GOSPEL MUSIC ASSOCIATIONNASHVILLE, TNCHARITABLE$480
Financial trend

Revenue and expenses over time

PROJECT 58 reported revenue and expenses across 2 filing years.

RevenueExpenses
$60k
$789k
2023
$15k
$269k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Religion-Related executives earn in North Carolina

PROJECT 58 reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable religion-related organization in North Carolina earns a median of $49,500.

25th percentile
$24k
Median
$49,500
75th percentile
$88k
90th percentile
$136k

These are religion-related sector-wide figures, not this organization's reported pay. Based on 421 organizations across 421 filings (2021 – 2024).

See full Religion-Related pay data for North Carolina
FAQ

Common questions about PROJECT 58

What are PROJECT 58's revenue and expenses?

In 2024, PROJECT 58 reported $15k in total revenue and $269k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.