Maple River Heritage Inc

Analysis

Maple River Heritage Inc is a registered charity in United States, based in Mapleton, MN. It received its IRS tax-exemption ruling in November 2005, 21 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 (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 2024, Maple River Heritage Inc reported income of $54k and spending of $38k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $82k to $54k (-34%), an average of -34% a year. The sharpest change came in the year to June 2024, when income dropped by 34%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Maple River Heritage Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Association of Chinese Professionals Atlanta Inc ($54k), Irondale Community Foundation ($54k) and Dodge Center Foundation ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $246k against liabilities of $0, net assets of $246k.