Hollingsworth & Whitney Relief Assoc

Hollingsworth & Whitney Relief Assoc faces severe financial distress with assets depleted to $1 and expenses tripling revenue in the latest fiscal year.

EIN: 16015357 · Clinton, ME · Updated: 2026-03-28

$10KRevenue
$1Assets
35/100Mission Score (Poor)
Hollingsworth & Whitney Relief Assoc Financial Summary
MetricValue
Total Revenue$10K
Total Expenses$32K
Program Spending70%
Net Assets$1
Transparency Score35/100

Is Hollingsworth & Whitney Relief Assoc Legit?

Significant Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hollingsworth & Whitney Relief Assoc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Hollingsworth & Whitney Relief Assoc

Hollingsworth & Whitney Relief Assoc (EIN: 16015357) is a nonprofit organization based in Clinton, ME. The organization reported total revenue of $10K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hollingsworth & Whitney Relief Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

81Years Operating
MicroSize Classification
13Years of Filings
DecliningRevenue Trajectory

Hollingsworth & Whitney Relief Assoc is a micro nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$10K
Total Expenses$32K
Surplus / Deficit$-22,367
Total Assets$1
Net Assets$1
Operating Margin-221.7%
Months of Reserves0.0 months

Financial Health Grade: C

In 2023, Hollingsworth & Whitney Relief Assoc reported a deficit of $22K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).

Financial Trends

Over 13 years of filings (2011–2023), Hollingsworth & Whitney Relief Assoc's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-35.9%+57.2%-100.0%
2022-16.1%+14.0%-18.0%
2021-10.1%-2.2%+2.4%
2020-9.9%-10.8%+9.7%
2019-9.9%-24.6%+11.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1945

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Hollingsworth & Whitney Relief Assoc appears to be in a precarious financial position, as evidenced by its latest filing (202312) showing expenses of $32,458 significantly exceeding its revenue of $10,091, resulting in a net loss. This trend of expenses outpacing revenue is not new, with similar deficits observed in 202212, 201812, 201512, and 201412. The organization's assets have also drastically declined from $22,367 in 202212 to just $1 in 202312, indicating a severe depletion of its financial reserves. This rapid asset reduction raises concerns about its long-term sustainability and ability to fund its operations. While the organization consistently reports 0% officer compensation, which suggests efficient use of funds in that area, the overall financial health is concerning due to the consistent operating deficits and the near-total depletion of assets. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the top-line figures. Without information on program service expenses versus administrative or fundraising costs, a comprehensive evaluation of how effectively donations are being used for its mission is challenging. The significant drop in assets to $1 is a major red flag regarding its financial stability and capacity to continue operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hollingsworth & Whitney Relief Assoc with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Hollingsworth & Whitney Relief Assoc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$10KTotal Revenue
$32KTotal Expenses
$1Total Assets
$1Net Assets

Executive Compensation Analysis

Executive compensation is reported at 0% for all available periods, indicating that no funds are allocated to officer salaries, which is a positive sign for donor confidence regarding executive pay.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Hollingsworth & Whitney Relief Assoc's IRS 990 filings:

Strengths

The following positive indicators were identified for Hollingsworth & Whitney Relief Assoc:

Frequently Asked Questions about Hollingsworth & Whitney Relief Assoc

Is Hollingsworth & Whitney Relief Assoc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hollingsworth & Whitney Relief Assoc (EIN: 16015357) significant concerns. Mission Score: 35/100. 4 red flags identified, 1 strength noted.

How does Hollingsworth & Whitney Relief Assoc spend its money?

Hollingsworth & Whitney Relief Assoc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Hollingsworth & Whitney Relief Assoc tax-deductible?

Hollingsworth & Whitney Relief Assoc is registered as a tax-exempt nonprofit (EIN: 16015357). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Hollingsworth & Whitney Relief Assoc's spending goes to programs?

Hollingsworth & Whitney Relief Assoc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is Hollingsworth & Whitney Relief Assoc located?

Hollingsworth & Whitney Relief Assoc is headquartered in Clinton, Maine and files with the IRS under EIN 16015357.

How many years of IRS 990 filings does Hollingsworth & Whitney Relief Assoc have?

Hollingsworth & Whitney Relief Assoc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10K in total revenue.

What caused the drastic reduction in assets from $22,367 to $1 in the latest fiscal year?

The provided IRS 990 data does not specify the exact cause, but the significant operating deficit of $22,367 ($10,091 revenue - $32,458 expenses) in 202312 strongly suggests that existing assets were used to cover operational shortfalls, leading to their near-total depletion.

How does the organization plan to address its consistent operating deficits?

The provided data does not include strategic plans or explanations for addressing the recurring deficits where expenses exceed revenue, as seen in 202312, 202212, 201812, 201512, and 201412.

What are the specific program activities and their associated costs?

The provided IRS 990 summary data does not offer a detailed breakdown of program service expenses, making it impossible to identify specific activities or their individual costs.

Filing History

IRS 990 filing history for Hollingsworth & Whitney Relief Assoc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hollingsworth & Whitney Relief Assoc's revenue has declined by 64.4%, moving from $28K to $10K. Total assets decreased by 100% over the same period, from $23K to $1. Total functional expenses rose by 21.3%, from $27K to $32K. In its most recent filing year (2023), Hollingsworth & Whitney Relief Assoc reported a deficit of $22K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $10K $32K $1 $0
2022 $16K $21K $22K $0
2021 $19K $18K $27K $0 View 990
2020 $21K $19K $27K $0 View 990
2019 $23K $21K $24K $0 View 990
2018 $26K $28K $22K $0 View 990
2017 $27K $25K $24K $0 View 990
2016 $28K $28K $21K $0
2015 $30K $34K $22K $0 View 990
2014 $29K $30K $26K $0 View 990
2013 $32K $31K $26K $0 View 990
2012 $32K $29K $25K $0 View 990
2011 $28K $27K $23K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hollingsworth & Whitney Relief Assoc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hollingsworth & Whitney Relief Assoc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in Maine

Explore more nonprofits based in Maine with AI-powered transparency reports.

View all Maine nonprofits →

Explore Related Nonprofits

Browse by State