Mariposa Housing Inc

Analysis

Mariposa Housing Inc is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Mariposa Housing Inc reported income of $282k and spending of $339k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $243k to $282k (+16%), an average of +3.8% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mariposa Housing Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Minnesota Association for College Admission Counseling ($282k), Donnell Foundation ($282k) and Community School Scholarship Fund ($282k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $904k against liabilities of $1.5m, net assets of -$576k.

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.