Midcoast Forum on Foreign Relations

Analysis

Midcoast Forum on Foreign Relations is a registered charity in United States, based in Rockport, ME. It received its IRS tax-exemption ruling in January 1990, 36 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 September 2023, Midcoast Forum on Foreign Relations reported income of $84k and spending of $79k, spending 95% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $45k to $84k (+87%), an average of +87% a year. The sharpest change came in the year to September 2023, when income rose by 87%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midcoast Forum on Foreign Relations sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 25th percentile within ME. Charities of a similar size with the same main cause include Southwest Emergency Services Inc ($84k), Pleasant Ridge Foundation ($84k) and Clifton Korean Baptist Church ($84k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 10% and program service revenue 37% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.