Our Town Belfast

Analysis

Our Town Belfast is a registered charity in United States, based in Belfast, ME. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Our Town Belfast reported income of $163k and spending of $136k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $157k to $163k (+3.4%), an average of +3.4% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Town Belfast sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 42nd percentile within ME. Charities of a similar size with the same main cause include Ten Thousand Villages of Nashville Inc ($163k), Helping Other People Excel ($163k) and Veritas Vinum Foundation ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 16% of the total. At year end it held assets of $80k against liabilities of $5,421, net assets of $74k.