Maple City Square Inc

Analysis

Maple City Square Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 1984, 42 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 May 2024, Maple City Square Inc reported income of $351k and spending of $392k, spending 112% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $319k to $351k (+10%), an average of +2.4% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maple City Square Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Rocky Mountain Welcome Center ($351k), Marquette Heights Mens Club of Central Illinois ($351k) and Jeremiah House Inc ($351k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 67% and program service revenue 32% of the total. At year end it held assets of $1.3m against liabilities of $1.5m, net assets of -$186k.

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.