Southport Island Association

Analysis

Southport Island Association is a registered charity in United States, based in Southport, ME. It received its IRS tax-exemption ruling in August 2007, 19 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, Southport Island Association reported income of $180k and spending of $113k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $180k (+291%), an average of +291% a year. The sharpest change came in the year to December 2023, when income rose by 291%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southport Island Association sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 44th percentile within ME. Charities of a similar size with the same main cause include Marysville Food Pantry Inc ($180k), Mukilteo Food Bank ($180k) and Strongsville Co-Op Preschool Inc ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.