Saco River Grange Hall Inc

Analysis

Saco River Grange Hall Inc is a registered charity in United States, based in Buxton, ME. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Saco River Grange Hall Inc reported income of $316k and spending of $263k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $316k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saco River Grange Hall Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 57th percentile within ME. Charities of a similar size with the same main cause include Burt County Museum Inc ($316k), Pacific Journal of Mathematics ($316k) and Na Lei Hulu I Ka Wekiu Hula Halau ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $38k (14% of expenses). Other salaries and wages came to $103k. At year end it held assets of $212k against liabilities of $3,351, net assets of $209k. It reported 14 employees.