Penobscot Language School

Analysis

Penobscot Language School is a registered charity in United States, based in Rockland, ME. It received its IRS tax-exemption ruling in December 1988, 38 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Penobscot Language School reported income of $112k and spending of $121k, spending 108% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income fell from $125k to $112k (-11%), an average of -5.5% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Penobscot Language School sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 34th percentile within ME. Charities of a similar size with the same main cause include Turn in Poachers of Iowa Incorporated ($112k), Womens Hospital Auxilary Incorporated ($112k) and Won Buddhism Orange County Temple ($112k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 41% and program service revenue 54% of the total. At year end it held assets of $120k against liabilities of $4,097, net assets of $116k.

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.