Trustees of the First Parish in Portland

Analysis

Trustees of the First Parish in Portland is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in October 1972, 54 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Trustees of the First Parish in Portland reported income of $187k and spending of $174k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $104k to $187k (+81%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 279%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trustees of the First Parish in Portland sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 45th percentile within ME. Charities of a similar size with the same main cause include Ddi Ngi LLC ($187k), International Center for Artifical Organs & Transplantation ($187k) and Western Hills Humane Society ($187k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% of the total. Other salaries and wages came to $18k. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.