Maine Dartmouth Medicine Residency

Analysis

Maine Dartmouth Medicine Residency is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in August 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maine Dartmouth Medicine Residency reported income of $20.4m and spending of $20.9m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.4m to $20.4m (+11%), an average of +2.6% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maine Dartmouth Medicine Residency sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within ME. Charities of a similar size with the same main cause include Naf ($20.3m), Williamsburg Charter School ($20.4m) and Learning Policy Institute ($20.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.0m (9.3% of expenses). Other salaries and wages came to $14.8m. At year end it held assets of $6.5m against liabilities of $4.0m, net assets of $2.5m. It reported 158 employees.