Maine Island Trail Association

Analysis

Maine Island Trail Association is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 September 2023, Maine Island Trail Association reported income of $1.5m and spending of $1.4m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $895k to $1.5m (+64%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Maine Island Trail Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ME. Charities of a similar size with the same main cause include National Network of Abortion Funds ($1.5m), Wayne County Regional Land Bank Corporation ($1.5m) and Global Warming Mitigation Project ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $123k (9.1% of expenses). Other salaries and wages came to $580k. At year end it held assets of $2.9m against liabilities of $472k, net assets of $2.4m. It reported 15 employees.