Maine Administrators of Career and Technical Education

Analysis

Maine Administrators of Career and Technical Education is a registered charity in United States, based in Waldo, ME. It received its IRS tax-exemption ruling in March 2003, 23 years ago. 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 June 2023, Maine Administrators of Career and Technical Education reported income of $141k and spending of $161k, spending 114% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $120k to $141k (+18%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maine Administrators of Career and Technical Education sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 39th percentile within ME. Charities of a similar size with the same main cause include Little League Baseball Inc ($141k), Scholarship Little Compton ($141k) and PTA South Carolina Congress ($141k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $449, net assets of $49k.