Maine Childrens Trust Inc

Analysis

Maine Childrens Trust Inc is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Maine Childrens Trust Inc reported income of $12.0m and spending of $11.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.4m to $12.0m (+16%), an average of +3.7% a year. Over the whole period it spent 98% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Maine Childrens Trust Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within ME. Charities of a similar size with the same main cause include Acton Institute for the Study of Religion and Liberty ($12.0m), Home Start Incorporated ($12.1m) and New Mexico Legal Aid Inc ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $146k (1.2% of expenses). Other salaries and wages came to $581k. At year end it held assets of $4.8m against liabilities of $2.1m, net assets of $2.8m. It reported 12 employees.