Maple Street School

Analysis

Maple Street School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1993, 33 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 School reported income of $3.0m and spending of $3.1m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.0m (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 136%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maple Street School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Global Village Academy Inc ($3.0m), Willamette Leadership Academy ($3.0m) and Acacia Fraternity Foundation Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 92% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $1.9m against liabilities of $1.2m, net assets of $737k. It reported 62 employees.