Mapleton Community Home

Analysis

Mapleton Community Home is a registered charity in United States, based in Mapleton, MN. It received its IRS tax-exemption ruling in April 1997, 29 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 2023, Mapleton Community Home reported income of $7.9m and spending of $6.5m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.3m to $7.9m (+25%), an average of +5.8% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mapleton Community Home sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Karamu Nutrition Program ($7.9m), Bohemian Home for the Aged ($7.9m) and Faithbridge Foster Care Inc ($7.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $132k (2.0% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $10.3m against liabilities of $3.8m, net assets of $6.5m. It reported 130 employees.