Midcoast Humane

Analysis

Midcoast Humane is a registered charity in United States, based in Brunswick, ME. It received its IRS tax-exemption ruling in January 1966, 60 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 December 2023, Midcoast Humane reported income of $3.0m and spending of $3.4m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.0m (+5.1%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 84% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Midcoast Humane sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within ME. Charities of a similar size with the same main cause include Network for Animals USA Inc ($3.0m), Society for the Prevention of Cruelty to Animals of a a Co MD in ($3.0m) and Richmond Animal League Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $268k (7.8% of expenses). Other salaries and wages came to $1.5m. It paid $41k in professional fundraising fees. At year end it held assets of $9.2m against liabilities of $1.7m, net assets of $7.5m. It reported 84 employees.