Womens Board of the Maine Medical Center

Analysis

Womens Board of the Maine Medical Center is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in April 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Womens Board of the Maine Medical Center reported income of $1.3m and spending of $1.2m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.3m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to September 2022, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Womens Board of the Maine Medical Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within ME. Charities of a similar size with the same main cause include Ms St Fed of the Colored Womens CL HSG for the Elderly in Clinton Inc ($1.3m), Skaneateles Early Childhood Center ($1.3m) and Prevent Child Abuse-Vermont ($1.3m).

At year end it held assets of $812k against liabilities of $6,957, net assets of $805k.