Black Mountain of Maine

Analysis

Black Mountain of Maine is a registered charity in United States, based in Rumford, ME. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 April 2024, Black Mountain of Maine reported income of $1.2m and spending of $1.5m, spending 123% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $791k to $1.2m (+56%), an average of +12% a year. The sharpest change came in the year to April 2021, when income rose by 27%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Black Mountain of Maine sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within ME. Charities of a similar size with the same main cause include 4g44 Esports Inc ($1.2m), Balance 180 Gymnastics and Sports Academy ($1.2m) and Champaign Parks Foundation ($1.2m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 2.5% and program service revenue 63% of the total. Other salaries and wages came to $684k. At year end it held assets of $1.5m against liabilities of $340k, net assets of $1.2m. It reported 113 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.