Maphairian Inc

Analysis

Maphairian Inc is a registered charity in United States, based in Christiansted, VI. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Maphairian Inc reported income of $105k and spending of $112k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $105k (+120%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maphairian Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within VI. Charities of a similar size with the same main cause include Foundation for Reformed Theology ($105k), Valley Performing Arts Center ($105k) and Michigan Student Financial Aid Association Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,291 against liabilities of $31k, net assets of -$25k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.