Mission at the Eastward

Analysis

Mission at the Eastward is a registered charity in United States, based in Farmington, ME. It received its IRS tax-exemption ruling in July 2020, 6 years ago. 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, Mission at the Eastward reported income of $206k and spending of $208k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $232k to $206k (-12%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mission at the Eastward sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 47th percentile within ME. Charities of a similar size with the same main cause include Woodland Little League ($206k), Craven Literacy Council ($206k) and Go Oncology Inc ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $55k (26% of expenses). Other salaries and wages came to $18k. At year end it held assets of $445k against liabilities of $5,384, net assets of $439k. It reported 3 employees.