Mog Project Inc

Analysis

Mog Project Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in December 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mog Project Inc reported income of $242k and spending of $224k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $242k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mog Project Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Arizona Blood Alliance ($242k), Horizon Hospice ($242k) and Superhero Project Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.