Mba Project Inc

Analysis

Mba Project Inc is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mba Project Inc reported income of $243k and spending of $233k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $225k to $243k (+8.1%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mba Project Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Yeehaw Aloha a Nonprofit Corporation ($243k), Rockford Supportive Housing NFP ($243k) and Sag Harbor Community Food Pantry Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Other salaries and wages came to $155k. At year end it held assets of $56k against liabilities of $84, net assets of $56k.