Maine Childrens Alliance

Analysis

Maine Childrens Alliance is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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 Childrens Alliance reported income of $699k and spending of $661k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $558k to $699k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maine Childrens Alliance sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within ME. Charities of a similar size with the same main cause include American Society for Deaf Children Inc ($699k), Mercyhurst Child Learning Center Inc ($699k) and Old Tappan Free Library Association ($699k).

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 $89k (13% of expenses). Other salaries and wages came to $236k. At year end it held assets of $449k against liabilities of $14k, net assets of $435k. It reported 5 employees.