Mara Elephant Project USA Inc

Analysis

Mara Elephant Project USA Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mara Elephant Project USA Inc reported income of $3.6m and spending of $3.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.6m (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mara Elephant Project USA Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Remedy Alliance Inc ($3.6m), Community Foundation of Muncie and Delaware County Inc ($3.6m) and Clinton County Foundation ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. It paid $343k in professional fundraising fees. At year end it held assets of $3.8m against liabilities of $2.0m, net assets of $1.8m.