Maine Life Care Retirement Community INC
Scarborough, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 3 peers in Housing & Shelter with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $28,863,046↑18% | $30,427,773↑22% | $177,971,954↑5% | — |
| 2022 | $24,416,383↑4% | $25,007,659↑8% | $169,329,865↑21% | — |
| 2021 | $23,531,278↓5% | $23,218,187↑2% | $140,484,243↑23% | — |
| 2020 | $24,888,089↑10% | $22,674,504↑4% | $114,638,301 | — |
| 2019 | $22,688,891↑10% | $21,741,043↑5% | $114,920,475↑7% | — |
| 2018 | $20,657,783↑11% | $20,769,707↑16% | $107,778,630↓1% | — |
| 2017 | $18,614,911↑21% | $17,940,556↑6% | $109,358,739↑4% | — |
| 2016 | $15,416,412↓7% | $16,964,165↑2% | $105,257,911↑6% | — |
| 2015 | $16,625,827↑10% | $16,713,147↑1% | $98,857,066↑5% | — |
| 2014 | $15,075,557↓19% | $16,470,388 | $94,293,527 | — |
| 2013 | $18,535,690↑6% | $16,488,571↑4% | $94,532,115↑4% | — |
| 2012 | $17,434,369↑7% | $15,792,370↑4% | $91,057,029↑8% | — |
| 2011 | $16,303,342 | $15,207,268 | $83,929,974 | — |
Frequently Asked Questions
What does Maine Life Care Retirement Community INC do?▼
Maine Life Care Retirement Community INC is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Maine Life Care Retirement Community INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Maine Life Care Retirement Community INC has a score of 49/100 (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 Maine Life Care Retirement Community INC generate?▼
Maine Life Care Retirement Community INC reports $37.0M in annual revenue and holds $190.6M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Maine.