Multiple Alternative Association of Central Aroostook County Inc

Analysis

Multiple Alternative Association of Central Aroostook County Inc is a registered charity in United States, based in Caribou, ME. It received its IRS tax-exemption ruling in March 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Multiple Alternative Association of Central Aroostook County Inc reported income of $130k and spending of $131k, spending 100% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $121k to $130k (+8.2%), an average of +4.0% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Multiple Alternative Association of Central Aroostook County Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 37th percentile within ME. Charities of a similar size with the same main cause include Wallace Collection in America ($130k), Richard E Byrd Home and School Association ($130k) and Iba2 Inc ($130k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $364k against liabilities of $5,051, net assets of $359k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.