Mapp Inc

Analysis

Mapp Inc is a registered charity in United States, based in Ridgefield, CT. It received its IRS tax-exemption ruling in August 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, Mapp Inc reported income of $310k and spending of $262k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $310k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mapp Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Families Helping Families Region7 ($310k), Partridge Creek Farm Inc ($310k) and Next Step Recovery Housing ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.