Maas Gala Inc

Analysis

Maas Gala Inc is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Maas Gala Inc reported income of $73k and spending of $84k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $73k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maas Gala Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within LA. Charities of a similar size with the same main cause include Brookline Chinese School ($73k), West Valley Football Boosters ($73k) and Fredericksburg Independent Schooldistrict Parent Teacher Organizatio ($73k).

At year end it held assets of $131k against liabilities of $0, net assets of $131k.