Friends of Maine Coastal Islands NWR

Analysis

Friends of Maine Coastal Islands NWR is a registered charity in United States, based in Rockland, ME. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Friends of Maine Coastal Islands NWR reported income of $79k and spending of $84k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $79k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Maine Coastal Islands NWR sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 23rd percentile within ME. Charities of a similar size with the same main cause include Redmond Food Project ($79k), Illinois Motorcycle Freedom Run NFP ($79k) and New Life Center Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 0.2% of the total. At year end it held assets of $186k against liabilities of $713, net assets of $186k.