Mature Living of Bay Inc

Analysis

Mature Living of Bay Inc is a registered charity in United States, based in Malvern, AR. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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, Mature Living of Bay Inc reported income of $189k and spending of $181k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $189k (-1.1%), an average of -1.1% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mature Living of Bay Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within AR. Charities of a similar size with the same main cause include Neighborhood Assn of Millburn Township ($189k), Federation of Associations for the Advancement of Estonian Youth ($189k) and Pueblo Crime Stoppers Inc ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $301k against liabilities of $271k, net assets of $29k.