Maronde Life Management Housing Inc

Analysis

Maronde Life Management Housing Inc is a registered charity in United States, based in Hays, KS. It received its IRS tax-exemption ruling in April 1991, 35 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 June 2024, Maronde Life Management Housing Inc reported income of $65k and spending of $42k, leaving 36% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $53k to $65k (+23%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Maronde Life Management Housing Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within KS. Charities of a similar size with the same main cause include Montello Affordable Housing Corporation ($65k), Forrest City Independent Living Center Inc ($65k) and Neighborworks Collaborative of Ohio Inc ($65k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $174k against liabilities of $25k, net assets of $148k.