Maine Fore Charity

Analysis

Maine Fore Charity is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Fore Charity reported income of $914k and spending of $951k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.3m to $914k (-29%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. 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, Maine Fore Charity sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within ME. Charities of a similar size with the same main cause include Monroeville Area Young Mens Christian Association Inc ($914k), Calm Waters Center for Children and Families Inc ($914k) and Courage Initiative Ltd ($913k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.7% of the total. At year end it held assets of $9,272 against liabilities of $0, net assets of $9,272.