Maslow Development Inc

Analysis

Maslow Development Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Maslow Development Inc reported income of $143k and spending of $250k, spending 174% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $356k to $143k (-60%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Maslow Development Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Encourage Me Im Young Inc ($143k), Valparaiso Economic Development Corporation ($143k) and Circa 1859 Inc ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Other salaries and wages came to $139k. At year end it held assets of $4,542 against liabilities of $1,378, net assets of $3,164.