Maitripa College

Analysis

Maitripa College is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 2007, 19 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, Maitripa College reported income of $422k and spending of $997k, spending 236% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $3.3m to $422k (-87%), an average of -64% a year. The sharpest change came in the year to June 2021, when income dropped by 82%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maitripa College sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OR. Charities of a similar size with the same main cause include Michigan Municipal Treasurers Association ($422k), Selle Valley Carden School Inc ($422k) and Akwd Any Kid Will Do ($422k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $200k (20% of expenses). Other salaries and wages came to $413k. At year end it held assets of $9.3m against liabilities of $66k, net assets of $9.2m. It reported 11 employees.