Maine Irish Heritage Center

Analysis

Maine Irish Heritage Center is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Maine Irish Heritage Center reported income of $195k and spending of $192k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $202k to $195k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maine Irish Heritage Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 46th percentile within ME. Charities of a similar size with the same main cause include Opera Orlando Endowment Fund Inc ($195k), Studio Gallery Association Inc ($195k) and Worthington Chamber Orchestra ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $1,538 (0.8% of expenses). Other salaries and wages came to $31k. At year end it held assets of $570k against liabilities of $5,977, net assets of $564k. It reported 2 employees.