Mom & Dad Project

Analysis

Mom & Dad Project is a registered charity in United States, based in Big Bear Lake, CA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Mom & Dad Project reported income of $808k and spending of $817k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $1.2m to $808k (-33%), an average of -33% a year. The sharpest change came in the year to June 2024, when income dropped by 33%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mom & Dad Project sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Foodlink Foundation Inc ($808k), Ksa Youth Foundation ($808k) and Salt Lake City Federal Employees Child Care Center ($808k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.5% and program service revenue 97% of the total. Other salaries and wages came to $628k. At year end it held assets of $1.2m against liabilities of $747k, net assets of $410k.