Greater Maitland Civic Center

Analysis

Greater Maitland Civic Center is a registered charity in United States, based in Maitland, FL. It received its IRS tax-exemption ruling in December 1963, 63 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 February 2024, Greater Maitland Civic Center reported income of $525k and spending of $480k, spending 91% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $374k to $525k (+41%), an average of +8.9% a year. The sharpest change came in the year to February 2022, when income rose by 124%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Maitland Civic Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Junior League of Charlotte Inc ($525k), Wabash Economic Growth Alliance Inc ($525k) and Rhemas Gentle Care Child Development Center ($525k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 2.8% and program service revenue 17% of the total. Other salaries and wages came to $155k. At year end it held assets of $471k against liabilities of $362k, net assets of $109k. It reported 11 employees.