Maple City Health Care Center Inc

Analysis

Maple City Health Care Center Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in December 1991, 35 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maple City Health Care Center Inc reported income of $12.2m and spending of $12.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.4m to $12.2m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maple City Health Care Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include The Arc Fresno Madera Counties ($12.2m), Lankenau Institute for Medical Research ($12.2m) and Gordon School ($12.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $303k (2.5% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $7.1m against liabilities of $2.5m, net assets of $4.6m. It reported 163 employees.