Mapleton Home Association

Analysis

Mapleton Home Association is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in September 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Mapleton Home Association reported income of $706k and spending of $641k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $663k to $706k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to September 2021, when income rose by 102%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mapleton Home Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Charitable Consortium Inc ($706k), Heroes Warehouse Inc ($706k) and Ujima Community Developmentcorporation ($705k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.9% and program service revenue 96% of the total. At year end it held assets of $800k against liabilities of $68k, net assets of $732k.