Chaplaincy Institute of Maine

Analysis

Chaplaincy Institute of Maine is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chaplaincy Institute of Maine reported income of $190k and spending of $230k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $206k to $190k (-7.8%), an average of -7.8% a year. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chaplaincy Institute of Maine sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 46th percentile within ME. Charities of a similar size with the same main cause include Forsyth Central Band Boosters Inc ($190k), DC Early Learning Collaborative Inc ($190k) and Saratoga Mset Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.