Maxcen Housing Society Inc California Branch

Analysis

Maxcen Housing Society Inc California Branch is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in August 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 California Branch reported income of $77k and spending of $66k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $77k (+12%), an average of +12% a year. Over the whole period it spent 89% 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 California Branch sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Mount Hope Community Development Corporation ($76k), Ocean Housing Development III Inc ($77k) and Titus House Inc ($76k).

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 $5,300. At year end it held assets of $77k against liabilities of $66k, net assets of $11k.