South Carolina · Nonprofit
THE FORMATION PROJECT
THE FORMATION PROJECT (South Carolina) receives grants from 25 organizations whose IRS filings report $611,271 to it, the largest being THE SPRAY FOUNDATION INC ($100,000). 16 of them have funded it in more than one year.
Against its field
THE FORMATION PROJECT runs a healthier operating margin than three-quarters of the 11,253 human services nonprofits its size.
this organization peer median middle 50% of peers· 11,253 human services nonprofits $1M–$10M, FY2024
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- Trident United Wayshared funderslocal
- Rescue- Freedom Internationalportfolio match
- The Jensen Project Incportfolio match
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 51% · 2022 61% · 2023 33% · 2024 22%. Grants only. Government contracts and fees sit inside program revenue.
101% of THE FORMATION PROJECT’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
reserve
Who funds it, year by year
2021 → 2023: the base broadened from 2 funders to 11 funders, grant income rose $6k → $135k.
8 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $474k from one payer (the payer shares this organization's board, largest Lincoln Tubman Foundation). These are real filings, and they are not money THE FORMATION PROJECT raised.
From the IRS filings of THE FORMATION PROJECT’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE FORMATION PROJECT has a broad base — no single funder exceeds 16% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
55% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE FORMATION PROJECT.
Largest funder’s share by year: 2021 99% · 2022 17% · 2023 25% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
THE FORMATION PROJECT draws 72% of its grant income from funders outside South Carolina, across 9 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $269k arriving through sponsors registered in 8 statesis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 25 funders put you under-funded among the 400 organizations that share them.
- Trident United Wayshared funderslocalSC · backs 57 organizations that share your funders · funds 92 organizations near you
- Rescue- Freedom Internationalportfolio matchits grantees resemble your mission
- The Jensen Project Incportfolio matchits grantees resemble your mission
- Shared Hope Internationalportfolio matchits grantees resemble your mission
- Dressember Foundationportfolio matchits grantees resemble your mission
- Human Investment Foundationportfolio matchits grantees resemble your mission
- The Ahla Foundationportfolio matchits grantees resemble your mission
- Kolibri Foundation Incportfolio matchits grantees resemble your mission
- Safe House Project Incportfolio matchits grantees resemble your mission
- Our Rescueportfolio matchits grantees resemble your mission
- Slave 2 Nothing Foundationportfolio matchits grantees resemble your mission
- Transform Justice Initiative Tr Agtrportfolio matchits grantees resemble your mission
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Government funding THE FORMATION PROJECT receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $800k on record.
- Department of Justice$800k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like THE FORMATION PROJECT
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
In South Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
91%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Peggy 7644 LLC · disregarded
- Lincoln Tubman Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE FORMATION PROJECT: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE FORMATION PROJECT?
- THE FORMATION PROJECT (South Carolina) receives grants from 25 organizations whose IRS filings report $611,271 to it, the largest being THE SPRAY FOUNDATION INC ($100,000). 16 of them have funded it in more than one year.
- How many funders does THE FORMATION PROJECT have?
- IRS filings report 25 organizations giving $611,271 in grants to THE FORMATION PROJECT, 16 of which have funded it in more than one year.
- Who is the largest funder of THE FORMATION PROJECT?
- THE SPRAY FOUNDATION INC is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
- How can an organization like THE FORMATION PROJECT find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 25funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing