Maine Avenue Manor Inc

Analysis

Maine Avenue Manor Inc is a registered charity in United States, based in Millinocket, ME. It received its IRS tax-exemption ruling in December 1981, 45 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 Avenue Manor Inc reported income of $350k and spending of $270k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $350k (+6.8%), an average of +1.7% a year. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maine Avenue Manor Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within ME. Charities of a similar size with the same main cause include Meridian Youth Soccer Association ($350k), Enfield Loaves & Fishes Inc ($350k) and Thiensville Mequon Youth Baseball Assn ($350k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $782k against liabilities of $608k, net assets of $174k.