Maples Housing Corporation

Analysis

Maples Housing Corporation is a registered charity in United States, based in Saint Joseph, MO. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maples Housing Corporation reported income of $102k and spending of $160k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $102k (+16%), an average of +3.7% a year. Over the whole period it spent 146% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Maples Housing Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within MO. Charities of a similar size with the same main cause include Housing with Hope Foundation Inc ($102k), Habitat for Humanity International Inc ($102k) and Evergreen Community Partners ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Other salaries and wages came to $9,702. At year end it held assets of $1.5m against liabilities of $1.9m, net assets of -$416k.

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.