Maine Rivers

Analysis

Maine Rivers is a registered charity in United States, based in Yarmouth, ME. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 March 2024, Maine Rivers reported income of $188k and spending of $186k, spending 99% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $986k to $188k (-81%), an average of -34% a year. The sharpest change came in the year to March 2024, when income dropped by 58%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Maine Rivers sits at the 50th percentile: it is larger than about 50% 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 Friends of Lake Keowee Society ($188k), Forever Maryland Foundation Inc ($188k) and Memory Trees Corporation ($188k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (38% of expenses). At year end it held assets of $541k against liabilities of $5,016, net assets of $536k. It reported 1 employees.