Maine Resilience Building Network

Analysis

Maine Resilience Building Network is a registered charity in United States, based in Manchester, ME. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Maine Resilience Building Network reported income of $478k and spending of $497k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $291k to $478k (+64%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maine Resilience Building Network sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within ME. Charities of a similar size with the same main cause include Practice Transformation Institute ($478k), Cool Islam Corporation ($478k) and Walk in Art Center Inc ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $113k (23% of expenses). Other salaries and wages came to $185k. At year end it held assets of $314k against liabilities of $30k, net assets of $284k. It reported 5 employees.