Maverick Landing Community Servicesinc

Analysis

Maverick Landing Community Servicesinc is a registered charity in United States, based in East Boston, MA. It received its IRS tax-exemption ruling in December 2007, 19 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 December 2023, Maverick Landing Community Servicesinc reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $1.2m (+272%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 192%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maverick Landing Community Servicesinc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Partners for Progress NFP ($1.2m), Restoring Dignity ($1.2m) and Refugee Support Services of Thecarolinas Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $90k (7.1% of expenses). At year end it held assets of $970k against liabilities of $69k, net assets of $901k. It reported 38 employees.