Maine Genealogical Society

Analysis

Maine Genealogical Society is a registered charity in United States, based in Wells, ME. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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, Maine Genealogical Society reported income of $57k and spending of $52k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $57k (+1.9%), an average of +1.9% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maine Genealogical Society sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 15th percentile within ME. Charities of a similar size with the same main cause include Knox County Humane Society Inc ($57k), Fellow Countrymen ($57k) and Emma C Williams Memorial TR Fbo Cowneck Peninsula Hist Society ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $200k against liabilities of $80, net assets of $200k.