Maine Parent Federation Inc

Analysis

Maine Parent Federation Inc is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in October 1984, 42 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 August 2023, Maine Parent Federation Inc reported income of $578k and spending of $551k, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $557k to $578k (+3.7%), an average of +0.9% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maine Parent Federation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within ME. Charities of a similar size with the same main cause include Social Development Centers Incorporated ($578k), Aroostook Hospice Foundation ($578k) and Center for the Integration and Advancement of New Americans Inc ($578k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $65k (12% of expenses). Other salaries and wages came to $254k. At year end it held assets of $180k against liabilities of $966, net assets of $179k. It reported 7 employees.