Maine Appalachian Trail Club Inc

Analysis

Maine Appalachian Trail Club Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in April 1945, 81 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Maine Appalachian Trail Club Inc reported income of $1.5m and spending of $352k, leaving 77% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $389k to $1.5m (+296%), an average of +41% a year. The sharpest change came in the year to March 2024, when income rose by 166%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maine Appalachian Trail Club Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within ME. Charities of a similar size with the same main cause include Deaf-Reach Inc ($1.5m), St Annes Guest Home ($1.5m) and Catholic Charities of Idaho Inc ($1.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $183k. At year end it held assets of $3.4m against liabilities of $13k, net assets of $3.4m. It reported 9 employees.