LA Maida Project

Analysis

LA Maida Project is a registered charity in United States, based in W Hollywood, CA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, 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 December 2023, LA Maida Project reported income of $386k and spending of $482k, spending 125% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $642k to $386k (-40%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, LA Maida Project sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include South Miami Childrens Clinic Inc ($386k), Psychoanalytic Center of Philadelphia ($386k) and Pickens Pregnancy Center Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $119k (25% of expenses). Other salaries and wages came to $149k. At year end it held assets of $393k against liabilities of $2,713, net assets of $390k. It reported 6 employees.