Maine Coast Medical Realty Inc

Analysis

Maine Coast Medical Realty Inc is a registered charity in United States, based in Brewer, ME. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Maine Coast Medical Realty Inc reported income of $108k and spending of $217k, spending 201% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income fell from $145k to $108k (-26%), an average of -14% a year. The sharpest change came in the year to September 2022, when income rose by 89%. Over the whole period it spent 127% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Maine Coast Medical Realty Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 33rd percentile within ME. Charities of a similar size with the same main cause include The Serenity Center Inc ($108k), The Virginia Hospital Center Arlington Auxiliary Inc ($108k) and Garden County Health Services Foundation ($108k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $32k against liabilities of $570k, net assets of -$538k.