L โ€” Housing & ShelterEIN: 010425115ยท Ruling Year: 1990

Mid Maine Homeless Shelter Inc

Waterville, Maine

B+Health Score
66B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$2.5M
Total Revenue
๐Ÿ“Š
$2.9M
Total Expenses
๐Ÿฆ
$4.9M
Net Assets
๐Ÿ“‹
$306K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-14.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.71
Net assets divided by total expenses
Liabilities-to-Assets
5.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,498,333โ†‘16%$2,871,639โ†‘8%$5,217,198โ†“2%
2022$2,153,553โ†“22%$2,661,454โ†‘35%$5,302,353โ†“9%
2021$2,758,283โ†‘56%$1,972,452โ†‘19%$5,852,733โ†‘10%
2020$1,768,896โ†‘87%$1,661,008โ†‘52%$5,320,510โ†‘9%
2019$945,678โ†‘11%$1,094,890โ†‘13%$4,893,390โ†‘1%
2018$851,342โ†“17%$972,486โ†‘25%$4,861,762โ†“3%
2017$1,030,291โ†‘1%$776,201โ†‘18%$4,996,644โ†‘4%
2016$1,022,769โ†“6%$657,944โ†‘9%$4,801,825โ†‘33%
2015$1,083,954โ†‘22%$605,034โ†“15%$3,619,888โ†‘1%
2014$886,057โ†“1%$715,447โ†“15%$3,569,766โ†“7%
2013$898,148โ†“25%$840,095โ†‘42%$3,851,259โ†“5%
2012$1,204,913โ†‘1%$590,833โ†‘33%$4,068,032โ†‘29%
2011$1,192,807$442,933$3,156,932

Frequently Asked Questions

What does Mid Maine Homeless Shelter Inc do?โ–ผ

Mid Maine Homeless Shelter Inc is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L41Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mid Maine Homeless Shelter Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Mid Maine Homeless Shelter Inc has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mid Maine Homeless Shelter Inc generate?โ–ผ

Mid Maine Homeless Shelter Inc reports $2.7M in annual revenue and holds $5.3M in total assets, based on IRS filings.

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Mid Maine Homeless Shelter Inc โ€” Waterville, ME | GiveScope