Maple-Claremont Inc

Analysis

Maple-Claremont Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Maple-Claremont Inc reported income of $97k and spending of $149k, spending 154% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $97k to $97k (+0.3%), an average of +0.1% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maple-Claremont Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Arab American Community Center of Florida Inc ($97k), American Friends of Alut Incorporated ($97k) and Do You Give a Ruck Inc ($97k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $13k. At year end it held assets of $830k against liabilities of $1.1m, net assets of -$255k.

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.