CSCharityScored
39

The Laundromat Project Inc

Arts & Culture · Brooklyn, New York

Po Box 472917, Brooklyn, NY 11247-2917

EIN: 870753479· Founded: Feb 2010· 16 years active· Filing Year: 2023

Annual Revenue

$5.7M

Total Expenses

$2.7M

Total Assets

$9.7M

Program Spending

1%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$315K

11.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$911K

Total Payroll

$1.2M

46% of total expenses

Where the Money Goes

1%
Programs: 1%
Payroll: 46%
Other overhead: 99%
Program Revenue$34K (1%)
Total Expenses$2.7M (47%)
Payroll$1.2M (46%)
Overhead (non-program)99%

Trust Score Breakdown

Program Spending Ratio

1% of expenses go to programs

40%

Revenue & Stability

$5.7M annual revenue

15%

Executive Compensation

$315K total officer comp (11.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$9.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.