Southern Maine Workers Center

Analysis

Southern Maine Workers Center is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 June 2023, Southern Maine Workers Center reported income of $407k and spending of $409k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $275k to $407k (+48%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 71%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southern Maine Workers Center sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 62nd percentile within ME. Charities of a similar size with the same main cause include Lawton Enhancement Trust Authority ($406k), Lucy JS Bakery Inc ($407k) and Mineola Civic Center Inc ($406k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $250k. At year end it held assets of $610k against liabilities of $31k, net assets of $579k. It reported 8 employees.