Junior Achievement of Maine Inc

Analysis

Junior Achievement of Maine Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2024, Junior Achievement of Maine Inc reported income of $731k and spending of $899k, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $436k to $731k (+68%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Junior Achievement of Maine Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within ME. Charities of a similar size with the same main cause include Mara Vision Outreach Programs ($731k), Global Child Advocates ($731k) and Good News Project Inc ($731k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $108k (12% of expenses). Other salaries and wages came to $423k. At year end it held assets of $889k against liabilities of $196k, net assets of $693k. It reported 9 employees.