Maine Fishermens Forum

Analysis

Maine Fishermens Forum is a registered charity in United States, based in Rockport, ME. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, Maine Fishermens Forum reported income of $321k and spending of $268k, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $241k to $321k (+33%), an average of +5.9% a year. The sharpest change came in the year to June 2023, when income rose by 554%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Maine Fishermens Forum sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 58th percentile within ME. Charities of a similar size with the same main cause include Dynamo Soccer Club ($321k), Little League Baseball Inc ($321k) and Rising Tide Effect ($321k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 73% of the total. Other salaries and wages came to $91k. At year end it held assets of $214k against liabilities of $0, net assets of $214k. It reported 2 employees.