Public Charity

THE 516 PROJECT INC

THE 516 PROJECT INC is a Public Charity headquartered in FREDERICKSBURG, VA. Financial data from the 2024 filing: $456K revenue, $445K expenses, $342K total assets. 9 publicly reported grants to this organization, totaling roughly $284K, appear in IRS filings.

EIN: 811634337 FREDERICKSBURG, VA Latest filing: 2024
Total Revenue$456K
Total Expenses$445K
Total Assets$342K
Grant Records9
Funding Total$284K
Filing Years2020–2024

Mission

TO SHARE THE LOVE OF JESUS THROUGH OUR ACTIONS AND WORDS BY HELPING FAMILIES IN NEED OF HOME REPAIR. TOGETHER WITH VOLUNTEERS, CHURCHES AND BUSINESSES WE IMPACT OUR COMMUNITY TO GLORIFY GOD THROUGH SERVICE TO OTHERS.

Officers & Directors

SECRETARY Brandie Drumm
VICE PRESIDE Carl Pates
BOARD MEMBER Chris Davenport
PRESIDENT James Roberson
BOARD MEMBER Matt Fletcher
TREASURER Nikki Hill

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED
$220,580 4 grants
GENERAL OPERATING
$25,700 1 grant
For grant recipient's exempt purposes
$13,790 2 grants
HOUSING, SHELTER
$13,000 1 grant
CRITICAL HOME REPAIR
$11,266 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $456K $445K $342K
2023 $430K $590K $611K
2022 $805K $532K $785K
2021 $277K $273K $161K
2020 $196K $162K $97K

Between 2020 and 2024, reported annual revenue grew from $196K to $456K (+133%), with total assets most recently reported at $342K.

Interactive year-over-year charts and full filing details available with membership.

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