Maine Special Education Mental

Analysis

Maine Special Education Mental is a registered charity in United States, based in New Gloucestr, ME. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maine Special Education Mental reported income of $4.1m and spending of $4.2m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $4.1m (+2.4%), an average of +0.6% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maine Special Education Mental sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within ME. Charities of a similar size with the same main cause include Lighthouse Christian School Inc ($4.1m), Gulf Coast Workforce Development Board Inc ($4.1m) and Gretchen C Northrup Foundation ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $459k (11% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $3.2m against liabilities of $250k, net assets of $2.9m. It reported 55 employees.