Quick charity verification for Mainehealth Care At Home (EIN: 222571902)
Verdict: Mainehealth Care At Home appears trustworthy
75/100Mission Score
$28.1MRevenue
$17.1MAssets
2Red Flags
2Strengths
Red Flags
Consistent operating losses over multiple years, including $6,900,000 in 2023 and $6,769,827 in 2022, raise concerns about long-term sustainability.
A significant drop in total liabilities from $14,038,902 in 2022 to $4,862,603 in 2023 without corresponding revenue growth warrants further investigation into the nature of these liabilities and their resolution.
Strengths
The organization maintains a substantial asset base, with $14,792,252 in 2023, providing some financial buffer despite operating losses.
Revenue has remained relatively consistent over the past few years, indicating a stable base of support or service demand.
Spending Breakdown
How Mainehealth Care At Home allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Mainehealth Care At Home
Is Mainehealth Care At Home a legitimate charity?
Based on AI analysis of IRS 990 filings, Mainehealth Care At Home (EIN: 222571902) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
Is Mainehealth Care At Home a good charity to donate to?
Mainehealth Care At Home has a Mission Score of 75/100. Revenue: $28.1M. Assets: $17.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mainehealth Care At Home?
The Employer Identification Number (EIN) for Mainehealth Care At Home is 222571902. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Mainehealth Care At Home spend its money?
Mainehealth Care At Home allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mainehealth Care At Home's tax-exempt status?
You can verify Mainehealth Care At Home's tax-exempt status using EIN 222571902 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Mainehealth Care At Home is a health care nonprofit based in Saco, Maine, with reported revenue of $28.1M and assets of $17.1M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of its impact on the organization's financial health. Revenue has grown +49% across 13 filing periods.