The Maven Project

Analysis

The Maven Project is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Maven Project reported income of $3.6m and spending of $3.0m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.6m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Maven Project sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Partners Hope Foundation ($3.6m), Alliance for Health Policy ($3.6m) and Brigids Path Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $962k (32% of expenses). Other salaries and wages came to $723k. At year end it held assets of $4.4m against liabilities of $604k, net assets of $3.8m. It reported 20 employees.