Maine Golf House Inc

Analysis

Maine Golf House Inc is a registered charity in United States, based in Cumberland, ME. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2022, Maine Golf House Inc reported income of $1.3m and spending of $1.6m, spending 121% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $1.3m (+20%), an average of +6.4% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Maine Golf House Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within ME. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($1.3m), Chesapeake Region Accessible Boating Inc ($1.3m) and Oswego Southside Soccer Academy ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 5.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $113k (7.1% of expenses). Other salaries and wages came to $248k. At year end it held assets of $897k against liabilities of $290k, net assets of $607k. It reported 15 employees.