Inn Along the Way

Analysis

Inn Along the Way is a registered charity in United States, based in Damariscotta, ME. It received its IRS tax-exemption ruling in July 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, Inn Along the Way reported income of $273k and spending of $91k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $273k (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 189%. Over the whole period it spent 33% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inn Along the Way sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 54th percentile within ME. Charities of a similar size with the same main cause include Straightway Services ($273k), 30 for the Kids Inc ($273k) and Starkey Foundation Inc ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $7,288. It paid $2,500 in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $1,671, net assets of $2.0m. It reported 1 employees.