Maine Boys to Men

Analysis

Maine Boys to Men is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Maine Boys to Men reported income of $350k and spending of $406k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $350k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Maine Boys to Men sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within ME. Charities of a similar size with the same main cause include Citius Athletic Club Miami Inc ($350k), Saint Francis Wolf Sanctuary Inc ($350k) and Ed Murphey Classic ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $247k. At year end it held assets of $116k against liabilities of $4,328, net assets of $112k. It reported 8 employees.