Mmap Inc

Analysis

Mmap Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in August 2007, 19 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 September 2023, Mmap Inc reported income of $2.6m and spending of $2.6m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.6m to $2.6m (+2.4%), an average of +0.6% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mmap Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Yinghua International School a NJ Nonprofit Corporation ($2.6m), American Association of Service Coo Rdinators ($2.6m) and Catch Prep Charter High Inc ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $149k (5.6% of expenses). Other salaries and wages came to $300k. At year end it held assets of $495k against liabilities of $447k, net assets of $47k. It reported 10 employees.