Maywood Senior Citizen Housing Corporation

Analysis

Maywood Senior Citizen Housing Corporation is a registered charity in United States, based in Maywood, NJ. It received its IRS tax-exemption ruling in June 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Maywood Senior Citizen Housing Corporation reported income of $711k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $494k to $711k (+44%), an average of +9.5% a year. Over the whole period it spent 0.0% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maywood Senior Citizen Housing Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($711k), Boys & Girls Club of Hancock County ($711k) and Multicultural Community Services Inc ($710k).

At year end it held assets of $4.3m against liabilities of $376k, net assets of $3.9m. It reported 7 employees.