Maumee Seniors Inc

Analysis

Maumee Seniors Inc is a registered charity in United States, based in Maumee, OH. It received its IRS tax-exemption ruling in February 1992, 34 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, Maumee Seniors Inc reported income of $374k and spending of $372k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $374k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maumee Seniors Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Atlantic Cultural Connections Inc ($374k), Leap of Faith Ministries Inc ($374k) and Graciously Broken Ministries Inc ($374k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $62k (17% of expenses). Other salaries and wages came to $133k. At year end it held assets of $250k against liabilities of $5,749, net assets of $245k. It reported 6 employees.