Maine Paws for Veterans Inc

Analysis

Maine Paws for Veterans Inc is a registered charity in United States, based in Topsham, ME. It received its IRS tax-exemption ruling in January 2013, 13 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, Maine Paws for Veterans Inc reported income of $234k and spending of $174k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $176k to $234k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maine Paws for Veterans Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 50th percentile within ME. Charities of a similar size with the same main cause include Area Ministries for Emergency Needs ($234k), Nexttalk ($234k) and Eastern New York Soccer Referee Association Inc Enysra ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $89k. At year end it held assets of $579k against liabilities of $0, net assets of $579k. It reported 2 employees.