Kennebec Valley Family Dentistry

Analysis

Kennebec Valley Family Dentistry is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kennebec Valley Family Dentistry reported income of $2.4m and spending of $1.6m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.4m (+96%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kennebec Valley Family Dentistry 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 87th percentile, and in the 86th percentile within ME. Charities of a similar size with the same main cause include Redington Memorial Hospital Association ($2.4m), Millburn-Short Hills Volunteer First Aid Squad Inc ($2.4m) and New Life Solutions Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $88k (5.6% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.6m against liabilities of $157k, net assets of $2.4m. It reported 44 employees.