Maroon and White Inc

Analysis

Maroon and White Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Maroon and White Inc reported income of $123k and spending of $100k, spending 81% of its income. Across the 4 years on record, from July 2020 to July 2023, income fell from $692k to $123k (-82%), an average of -44% a year. The sharpest change came in the year to July 2022, when income rose by 132%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maroon and White 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 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Colgate University Alumni Corporation ($123k), Parent Cooperative Community ($123k) and Bearcat Touchdown Club Inc ($123k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.