Maple Leaf Housing Inc

Analysis

Maple Leaf Housing Inc is a registered charity in United States, based in North Bangor, NY. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Maple Leaf Housing Inc reported income of $448k and spending of $456k, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $357k to $448k (+25%), an average of +4.6% a year. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Maple Leaf Housing Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include San Antonio Fair Housing Council Inc ($448k), Juniper Court Inc ($448k) and North Star Housing Inc ($448k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $174k. At year end it held assets of $1.4m against liabilities of $397k, net assets of $992k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.