Protect Maines Fishing Heritage Foundation

Analysis

Protect Maines Fishing Heritage Foundation is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Protect Maines Fishing Heritage Foundation reported income of $177k and spending of $140k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $148k to $177k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Protect Maines Fishing Heritage Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 44th percentile within ME. Charities of a similar size with the same main cause include Friends of the Shiawassee River Inc ($177k), US Green Building Council Long Island Chapter Inc ($177k) and Hulda Klager Lilac Gardens ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.