Earl J Maag Inc
Analysis
Earl J Maag Inc is a registered charity in United States, based in Morrow, OH. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Earl J Maag Inc reported income of $269k and spending of $308k, spending 115% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $263k to $269k (+2.5%), an average of +0.5% a year. Over the whole period it spent 116% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Earl J Maag Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Shepherd Home ($269k), New Start Inc ($269k) and Mercys Gate Rogue Valley ($269k).
On its Form 990 for the period ending September 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $1.1m against liabilities of $2.3m, net assets of -$1.2m. It reported 6 employees.
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.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Shepherd Home | Penfield | $269k |
| New Start Inc | Randallstown | $269k |
| Mercys Gate Rogue Valley | Medford | $269k |
| Community Enabler Developers Inc | Anniston | $269k |