Central Maine Community Health Corporation

Analysis

Central Maine Community Health Corporation is a registered charity in United States, based in Lewiston, ME. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Central Maine Community Health Corporation reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $906k to $1.1m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Maine Community Health Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within ME. Charities of a similar size with the same main cause include Equitable Giving Circle ($1.1m), Texas State History Museum Foundation ($1.1m) and Eastern Shore Community College Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Other salaries and wages came to $733k. At year end it held assets of $401k against liabilities of $354k, net assets of $47k. It reported 18 employees.

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.