Maine International Trade Center

Analysis

Maine International Trade Center is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 International Trade Center reported income of $1.8m and spending of $1.9m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.8m (-9.2%), an average of -2.4% a year. The sharpest change came in the year to June 2020, when income dropped by 25%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Maine International Trade Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within ME. Charities of a similar size with the same main cause include Kore Foundation Inc ($1.8m), Guernica Centre for International Justice ($1.8m) and Mobility International USA ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Other salaries and wages came to $455k. At year end it held assets of $2.1m against liabilities of $1.2m, net assets of $858k. It reported 16 employees.