Maple Seed Farms Inc

Analysis

Maple Seed Farms Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Maple Seed Farms Inc reported income of $2.4m and spending of $1.7m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.4m (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maple Seed Farms Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include National Basketball Players Assoc Foundation ($2.4m), Northwest Native Development Fund ($2.4m) and Pinnacle RTC Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $5,956, net assets of $1.8m. It reported 98 employees.