Maple View Assisted Living Inc

Analysis

Maple View Assisted Living Inc is a registered charity in United States, based in Ithaca, MI. It received its IRS tax-exemption ruling in April 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maple View Assisted Living Inc reported income of $1.6m and spending of $1.4m, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $1.6m (+34%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 71%. 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 View Assisted Living Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Rochester Presbyterian Home Foundation Inc ($1.6m), Amr at Pensacola Inc ($1.6m) and Christians in Action Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $744k. At year end it held assets of $7.3m against liabilities of $4.8m, net assets of $2.5m. It reported 33 employees.