Positive Maturity Inc

Analysis

Positive Maturity Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Positive Maturity Inc reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.6m to $1.6m (-0.9%), an average of -0.2% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Positive Maturity Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Kids House of Learning Inc ($1.6m), Prevail Incorporated ($1.6m) and The Arc of the Chattahoochee Valley Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $134k (8.5% of expenses). Other salaries and wages came to $432k. At year end it held assets of $1.6m against liabilities of $472k, net assets of $1.2m. It reported 22 employees.