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Mid Coast Hunger Prevention Program Inc

RegisteredEIN 01-0492643Brunswick, MEOther charitable purposes
Income$5.5m2024-06
Spending$5.8msame year
Spent / received92%6-year average
Size in its cause92nd pctOther charitable purposes
Exempt since1995Publicly supported organisat
Employees25latest return

Analysis

Mid Coast Hunger Prevention Program Inc is a registered charity in United States, based in Brunswick, ME. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2024, Mid Coast Hunger Prevention Program Inc reported income of $5.5m and spending of $5.8m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.8m to $5.5m (+95%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid Coast Hunger Prevention Program Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within ME. Charities of a similar size with the same main cause include Hospice at LSMNJ Inc ($5.5m), Branch School Inc ($5.5m) and Christ Is the Light of the World - Tree of Life Foundation ($5.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $94k (1.6% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.4m against liabilities of $484k, net assets of $4.0m. It reported 25 employees.

Income and spending

$0$1.4m$2.9m$4.3m$5.8m2019 Income: $2,839,4762019 Spending: $2,878,09820192020 Income: $3,764,3162020 Spending: $3,195,19220202021 Income: $4,997,9432021 Spending: $3,614,56120212022 Income: $4,595,9302022 Spending: $4,435,02220222023 Income: $5,581,2712023 Spending: $5,361,97820232024 Income: $5,533,8122024 Spending: $5,777,2362024
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 2.3%

Similar-sized charities, same cause

CharityLocationIncome
Hospice at LSMNJ IncBurlington$5.5m
Branch School IncHouston$5.5m
Christ Is the Light of the World - Tree of Life FoundationHighland$5.5m
Galesburg Hospitals Ambulance ServiceGalesburg$5.5m