Maumelle Foundation for Education Inc

Analysis

Maumelle Foundation for Education Inc is a registered charity in United States, based in Maumelle, AR. It received its IRS tax-exemption ruling in October 2009, 17 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maumelle Foundation for Education Inc reported income of $2.0m and spending of $1.6m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.0m (+2.7%), an average of +0.7% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maumelle Foundation for Education Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Burbank Housing Communities Corporation ($2.0m), National Recall Alert Center ($2.0m) and Business Consortium Fund Inc ($2.0m).

At year end it held assets of $26.1m against liabilities of $23.1m, net assets of $3.0m.