Maple Leaf Community Residences Inc

Analysis

Maple Leaf Community Residences Inc is a registered charity in United States, based in Chardon, OH. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Maple Leaf Community Residences Inc reported income of $914k and spending of $936k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $537k to $914k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 204%. Over the whole period it spent 64% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Maple Leaf Community Residences Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Yellow Roof Foundation ($914k), Avenue of the Arts Presbyterian-Psc Apartments Inc ($914k) and Lufkin Neighborhood Strong ($913k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $81k (8.6% of expenses). Other salaries and wages came to $111k. At year end it held assets of $6.7m against liabilities of $74k, net assets of $6.7m. It reported 5 employees.