Meduxnekeag Ramblers

Analysis

Meduxnekeag Ramblers is a registered charity in United States, based in Littleton, ME. It received its IRS tax-exemption ruling in January 1990, 36 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, Meduxnekeag Ramblers reported income of $168k and spending of $57k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $168k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meduxnekeag Ramblers sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 43rd percentile within ME. Charities of a similar size with the same main cause include Soccer Assoc for Youth ($168k), American Society of Heating Refrigerating & A-C Engineers ($168k) and Emergency Aid of Pa Foundation Inc ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 0.7% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.