Maine Huts & Trails

Analysis

Maine Huts & Trails is a registered charity in United States, based in Kingfield, ME. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Huts & Trails reported income of $1.8m and spending of $1.1m, leaving 42% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.8m (+73%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 139%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maine Huts & Trails sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within ME. Charities of a similar size with the same main cause include Pioneer Christian School of Southern California ($1.8m), Lowell Day Nursery Association Inc ($1.8m) and Central Valley Resource Center Services Corp ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $84k (8.0% of expenses). Other salaries and wages came to $171k. It paid $16k in professional fundraising fees. At year end it held assets of $4.0m against liabilities of $383k, net assets of $3.6m. It reported 30 employees.