Maxcen -Maxmath Women Society Inc

Analysis

Maxcen -Maxmath Women Society Inc is a registered charity in United States, based in Plantation, FL. It received its IRS tax-exemption ruling in January 2021, 5 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, Maxcen -Maxmath Women Society Inc reported income of $243k and spending of $185k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $194k to $243k (+25%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maxcen -Maxmath Women Society Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Emmaus House ($243k), Hope to Home Furniture Resource ($243k) and Habersham Christian Learning Centers Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (21% of expenses). Other salaries and wages came to $5,300. At year end it held assets of $243k against liabilities of $185k, net assets of $58k.