Maple Street Foundation Inc

Analysis

Maple Street Foundation Inc is a registered charity in United States, based in Manchestr Ctr, VT. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maple Street Foundation Inc reported income of $3.6m and spending of $3.5m, spending 97% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $2.4m to $3.6m (+47%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maple Street Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VT. Charities of a similar size with the same main cause include Southside Christian School Inc ($3.6m), Colfax Marathon Partnership Inc ($3.6m) and Nwti Education Foundation ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $140k (4.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.6m against liabilities of $472k, net assets of $5.2m. It reported 45 employees.