First Step Pregnancy Resource Center

Analysis

First Step Pregnancy Resource Center is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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 December 2023, First Step Pregnancy Resource Center reported income of $305k and spending of $220k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $243k to $305k (+25%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First Step Pregnancy Resource Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 57th percentile within ME. Charities of a similar size with the same main cause include Goshen Historical Society Inc ($305k), Harvard-Radcliffe Collegium Musicum Inc ($305k) and Temple Civic Theater ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $36k (16% of expenses). Other salaries and wages came to $52k. At year end it held assets of $381k against liabilities of $311, net assets of $381k. It reported 6 employees.