Association of Homeschoolers of Maine

Analysis

Association of Homeschoolers of Maine is a registered charity in United States, based in Camden, ME. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association of Homeschoolers of Maine reported income of $64k and spending of $85k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $64k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Homeschoolers of Maine sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 19th percentile within ME. Charities of a similar size with the same main cause include Baggaley Elementary School-Parent Teacher Organization ($64k), Nile Garden Community Club ($64k) and Madera County Schools Foundation ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $29k against liabilities of $1,142, net assets of $28k.