Maroon & White Inc

Analysis

Maroon & White Inc is a registered charity in United States, based in Grundy Center, IA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. 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, Maroon & White Inc reported income of $137k and spending of $23k, leaving 83% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $195k to $137k (-30%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 132%. Over the whole period it spent 2.3% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maroon & White Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within IA. Charities of a similar size with the same main cause include Pittsford Golden Lions ($137k), PTA California Congress of Parents Teachers & Students Inc ($137k) and North Dakota Recreation and Parks Association Inc ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $1,278, net assets of $1.6m.