University of Maine School of Law Foundation

Analysis

University of Maine School of Law Foundation is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in July 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, University of Maine School of Law Foundation reported income of $1.1m and spending of $1.5m, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $855k to $1.1m (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 89%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Maine School of Law Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within ME. Charities of a similar size with the same main cause include Behind the Book Inc ($1.1m), Kinderhaus Montessori Preschool of Marshall ($1.1m) and Riverdale Academy Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $6.8m against liabilities of $288k, net assets of $6.5m.