Christine B Foundation Inc

Analysis

Christine B Foundation Inc is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Christine B Foundation Inc reported income of $643k and spending of $298k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $643k (+875%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 162%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Christine B Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within ME. Charities of a similar size with the same main cause include Shining Stars Therapeutic Riding Program Inc ($642k), Mississippi Rural Health Association ($643k) and Music Movement Inc ($642k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $86k (29% of expenses). Other salaries and wages came to $51k. At year end it held assets of $482k against liabilities of $33k, net assets of $449k. It reported 2 employees.