Maine Resource Recovery Association

Analysis

Maine Resource Recovery Association is a registered charity in United States, based in Newport, ME. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Resource Recovery Association reported income of $228k and spending of $207k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $209k to $228k (+9.2%), an average of +2.2% a year. Over the whole period it spent 78% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Maine Resource Recovery Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 50th percentile within ME. Charities of a similar size with the same main cause include Guilford Land Conservation Trust Inc ($228k), Missouri Waste Control Coalition ($228k) and One Ocean Media Foundation ($228k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $53k (26% of expenses). Other salaries and wages came to $46k. At year end it held assets of $663k against liabilities of $317k, net assets of $346k. It reported 3 employees.