Maxcen Housing Society Inc Georgia Branch

Analysis

Maxcen Housing Society Inc Georgia Branch is a registered charity in United States, based in Douglas, GA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Maxcen Housing Society Inc Georgia Branch reported income of $82k and spending of $69k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $94k to $82k (-12%), an average of -4.3% a year. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Maxcen Housing Society Inc Georgia Branch sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include Hand-Up Village ($82k), Addison Court Housing Cooperative Inc ($82k) and New Hampshire Housing Development Corporation ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $5,160. At year end it held assets of $82k against liabilities of $69k, net assets of $13k.