Harpswell Aging at Home

Analysis

Harpswell Aging at Home is a registered charity in United States, based in Harpswell, ME. It received its IRS tax-exemption ruling in April 2022, 4 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, Harpswell Aging at Home reported income of $124k and spending of $109k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $250k to $124k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harpswell Aging at Home sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 36th percentile within ME. Charities of a similar size with the same main cause include Amery Area Food Pantry Inc ($124k), Butler Clear Fork Adult Nutrition ($124k) and Community Assistance Program Incorp ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.