The Maisha Project Inc

Analysis

The Maisha Project Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Maisha Project Inc reported income of $546k and spending of $579k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $434k to $546k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Maisha Project Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OK. Charities of a similar size with the same main cause include Kates Kart Inc ($546k), My Cup of Tea Inc ($546k) and Creative World Art Center ($546k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $80k (14% of expenses). Other salaries and wages came to $2,505. At year end it held assets of $64k against liabilities of $38k, net assets of $26k. It reported 2 employees.