Association of Computer Technology Educators of Maine

Analysis

Association of Computer Technology Educators of Maine is a registered charity in United States, based in Gorham, ME. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Association of Computer Technology Educators of Maine reported income of $340k and spending of $315k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $256k to $340k (+33%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Computer Technology Educators of Maine sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within ME. Charities of a similar size with the same main cause include Los Alamos Public Schools Foundation Inc ($340k), Spring Valley School Inc ($340k) and Parent Booster USA Inc ($340k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $87k (28% of expenses). At year end it held assets of $475k against liabilities of $67k, net assets of $408k. It reported 1 employees.