Maroon Inc

Analysis

Maroon Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Maroon Inc reported income of $823k and spending of $593k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $261k to $823k (+215%), an average of +215% a year. The sharpest change came in the year to December 2023, when income rose by 215%. Over the whole period it spent 77% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Maroon Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within LA. Charities of a similar size with the same main cause include Breakthrough Alliance of Colorado Inc ($823k), Advocates for Faith & Freedom Inc ($823k) and Birth Choice of San Marcos ($821k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $123k (21% of expenses). Other salaries and wages came to $55k. At year end it held assets of $249k against liabilities of $0, net assets of $249k.