Community Energy Fund of Lincoln County

Analysis

Community Energy Fund of Lincoln County is a registered charity in United States, based in Bristol, ME. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Energy Fund of Lincoln County reported income of $318k and spending of $235k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $318k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Energy Fund of Lincoln County sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 58th percentile within ME. Charities of a similar size with the same main cause include Trails of Purpose ($318k), Foundation for Joy ($318k) and Nauvoo Discovery Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $678k against liabilities of $0, net assets of $678k.