Mayfly Project

Analysis

Mayfly Project is a registered charity in United States, based in Benton, AR. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mayfly Project reported income of $643k and spending of $581k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $217k to $643k (+196%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mayfly Project sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within AR. Charities of a similar size with the same main cause include Girls on the Run of Vermont Inc ($643k), Worcester County 4-H Center Inc ($644k) and Girlforward ($643k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $84k. At year end it held assets of $403k against liabilities of $0, net assets of $403k.