Main Family Resource Center

Analysis

Main Family Resource Center is a registered charity in United States, based in Danforth, ME. It received its IRS tax-exemption ruling in October 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, Main Family Resource Center reported income of $433k and spending of $456k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $547k to $433k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Main Family Resource Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 63rd percentile within ME. Charities of a similar size with the same main cause include Bryan Allen Stevenson School of Excellence Inc ($433k), Splendor Bilingual Montessori School Inc ($433k) and Hamilton County Schools Foundation ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $4,668 (1.0% of expenses). Other salaries and wages came to $153k. At year end it held assets of $93k against liabilities of $26k, net assets of $66k. It reported 3 employees.