State of Maine Caddie Scholarship Fund

Analysis

State of Maine Caddie Scholarship Fund is a registered charity in United States, based in Freeport, ME. It received its IRS tax-exemption ruling in March 1957, 69 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, State of Maine Caddie Scholarship Fund reported income of $64k and spending of $82k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $107k to $64k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income rose by 102%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, State of Maine Caddie Scholarship Fund sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 18th percentile within ME. Charities of a similar size with the same main cause include Baton Rouge Rehab Community Homes ($64k), 1lt Rob Seidel Wounded Soldiers Fund Inc ($64k) and American College of Physicians ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.