Maywood Mission

Analysis

Maywood Mission is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in November 1966, 60 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, Maywood Mission reported income of $776k and spending of $894k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $505k to $776k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maywood Mission sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Southwest Food Program Inc ($776k), Medici Road ($776k) and Bridge Academy and Community Center Inc ($776k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $63k (7.1% of expenses). Other salaries and wages came to $364k. At year end it held assets of $1.4m against liabilities of $212k, net assets of $1.2m. It reported 21 employees.