Central Maine Bible Conference

Analysis

Central Maine Bible Conference is a registered charity in United States, based in Brooks, ME. It received its IRS tax-exemption ruling in September 1967, 59 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Central Maine Bible Conference reported income of $729k and spending of $554k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $673k to $729k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 162%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Central Maine Bible Conference 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 75th percentile, and in the 71st percentile within ME. Charities of a similar size with the same main cause include Encountering Peace ($729k), Oasis Productions ($729k) and Fhg1 Ministries ($729k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $29k (5.3% of expenses). Other salaries and wages came to $141k. At year end it held assets of $2.0m against liabilities of $4,452, net assets of $2.0m. It reported 47 employees.