Public Charity

PROJECT 48 INC

PROJECT 48 INC, of PORTLAND, OR, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.1M in revenue, $1.1M in expenses, $474K in total assets. 21 publicly reported grants to this organization, totaling roughly $292K, appear in IRS filings.

EIN: 834515483 PORTLAND, OR Foster Care NTEE: P32 Latest filing: 2025
Total Revenue$1.1M
Total Expenses$1.1M
Total Assets$474K
Grant Records21
Funding Total$292K
Filing Years2021–2025

Mission

PROJECT 48 SUPPORTS YOUTH EXPERIENCING FOSTER CARE BY PROVIDING ESSENTIAL ITEMS AND LIFE SKILLS DURING VULNERABLE AND TRAUMATIC TRANSITIONS. WE MEET IMMEDIATE BASIC NEEDS WHILE ALSO BUILDING CONFIDENCE, STABILITY, AND LONG-TERM PATHWAYS TO INDEPENDENCE THROUGH CONSISTENT SUPPORT AND COMMUNITY CONNECTION.

Where $100 goes at Project 48 Inc

How Project 48 Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$81 Programs the work itself
$16 Management running the organization
$3 Fundraising raising the next dollar

Inside the $81 for programs

$67
Essential bag programthe essential bag program provides custom-packed bags of new, high-quality clothing and hygiene items to youth experiencing foster care during times of transition, including entry into…
82% of program spending · Reported in the filing: 48 hours of request
$13
Holiday drive programthe holiday drive program provides personalized holiday gift bags to youth experiencing foster care, with a focus on older youth and teens who are often underserved…
17% of program spending · Reported in the filing: 600 bags
$1
Life skills programthe life skills program provides structured, cohort-based workforce readiness and independent living skills training for youth transitioning out of foster care
1% of program spending · Reported in the filing: 45 youth; 62 hours of additional
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Alicia Finch
EXECUTIVE DIRECTOR Brandy Memory
BOARD SECRETARY Carly Salazar
BOARD PRESIDENT David Thiebes
DIRECTOR Edwina Kane
DIRECTOR Glen Giovannetti

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$132,952 10 grants
Youth Development
$89,717 4 grants
Human & Social Services
$69,200 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.1M $1.1M $474K
2024 $631K $592K $136K
2023 $569K $540K $115K
2022 $398K $354K $66K
2021 $43K $57K $22K

Between 2021 and 2025, reported annual revenue grew from $43K to $1.1M (+2523%), with total assets most recently reported at $474K.

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

See the full picture for PROJECT 48 INC

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