Maitri Compassionate Care

Analysis

Maitri Compassionate Care is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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 June 2023, Maitri Compassionate Care reported income of $2.7m and spending of $2.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.7m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maitri Compassionate Care sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Vision Loss Resources Inc ($2.7m), Catholic Charities of Northern Kansas Inc ($2.7m) and Cornerstone Community Development Corporation NFP ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $340k (12% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.7m against liabilities of $748k, net assets of $2.9m. It reported 48 employees.