Project Lazarus

Analysis

Project Lazarus is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Project Lazarus reported income of $1.1m and spending of $1.0m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.1m (-44%), an average of -13% a year. The sharpest change came in the year to June 2020, when income dropped by 41%. 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, Project Lazarus 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 81st percentile, and in the 80th percentile within LA. Charities of a similar size with the same main cause include Wyckoff Heights Dental Services P C ($1.1m), Hope Charity International ($1.1m) and Friends of Grace ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $90k (8.9% of expenses). Other salaries and wages came to $437k. At year end it held assets of $3.2m against liabilities of $153k, net assets of $3.0m. It reported 16 employees.