Island Commons Resource Center

Analysis

Island Commons Resource Center is a registered charity in United States, based in Chebeague Is, ME. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Island Commons Resource Center reported income of $3.2m and spending of $982k, leaving 69% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $719k to $3.2m (+342%), an average of +45% a year. The sharpest change came in the year to September 2023, when income rose by 224%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Island Commons Resource Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within ME. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Nashville TN Inc ($3.2m), VCS Inc ($3.2m) and Midlands Diabetes Education and Self Help Center ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $79k (8.1% of expenses). Other salaries and wages came to $547k. At year end it held assets of $4.0m against liabilities of $183k, net assets of $3.8m. It reported 36 employees.