Old Bath Custom House Inc

Old Bath Custom House Inc consistently operates within its means with no reported officer compensation.

EIN: 10359599 · Bath, ME · Updated: 2026-03-28

$94KRevenue

$95KAssets

88/100Mission Score (Excellent)

Is Old Bath Custom House Inc Legit?

Appears Legitimate

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

NoneRed Flags

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

Old Bath Custom House Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Old Bath Custom House Inc

Old Bath Custom House Inc (EIN: 10359599) is a nonprofit organization based in Bath, ME. The organization reported total revenue of $94K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Old Bath Custom House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Old Bath Custom House Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $80,000 to $105,000 over the past decade. The organization has shown a positive trend in asset growth, increasing from $39,996 in 2015 to $105,437 in 2024, indicating sound financial management and accumulation of resources. Liabilities have remained relatively low and stable, suggesting good fiscal control.

The organization's spending efficiency appears strong, as evidenced by its consistent ability to operate within its revenue streams, often generating small surpluses. For instance, in 2024, revenues were $89,952 against expenses of $87,344. A significant positive indicator of transparency and mission focus is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is common for smaller nonprofits. This practice generally aligns with a commitment to direct resource allocation to the mission.

While specific program spending ratios are not detailed in the provided summary, the absence of officer compensation and the consistent financial health suggest a well-managed and potentially efficient operation. The organization's long filing history (13 filings) also points to a sustained commitment to compliance and transparency through regular reporting to the IRS.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Old Bath Custom House Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Old Bath Custom House Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated or are compensated through non-officer means, which is a strong positive for a small organization with revenues typically under $100,000.

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.

Strengths

The following positive indicators were identified for Old Bath Custom House Inc:

Consistent financial stability with revenues generally exceeding expenses (e.g., 2024: Revenue $89,952, Expenses $87,344).
Strong asset growth over time, from $39,996 in 2015 to $105,437 in 2024.
0% officer compensation reported across all filings, indicating high efficiency and dedication of resources to mission.
Low and stable liabilities, demonstrating good financial management.
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.

Frequently Asked Questions about Old Bath Custom House Inc

Is Old Bath Custom House Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Old Bath Custom House Inc (EIN: 10359599) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.

How does Old Bath Custom House Inc spend its money?

Old Bath Custom House Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Old Bath Custom House Inc tax-deductible?

Old Bath Custom House Inc is registered as a tax-exempt nonprofit (EIN: 10359599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Old Bath Custom House Inc a good charity?

Based on the provided financial data, Old Bath Custom House Inc appears to be a well-managed and financially responsible organization. It consistently operates within its budget, has growing assets, and reports 0% officer compensation, which are all positive indicators.

How has the organization's financial health changed over time?

The organization has shown consistent revenue and expense levels, generally between $80,000 and $105,000. Its assets have steadily grown from $39,996 in 2015 to $105,437 in 2024, indicating improving financial health and capacity.

What is the organization's approach to executive compensation?

Old Bath Custom House Inc reports 0% officer compensation in all available filings, suggesting a volunteer-led executive team or compensation structures that do not fall under the 'officer compensation' category, which is highly efficient for a nonprofit of this size.

Filing History

IRS 990 filing history for Old Bath Custom House Inc showing financial trends over 13 years of public records:

Total assets increased by 105.7% over the same period, from $51K to $105K. In its most recent filing year (2024), Old Bath Custom House Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $5K in liabilities against $105K in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $101K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$90K	$87K	$105K	$5K	—	—
2023	$99K	$91K	$102K	$4K	—	View 990
2022	$106K	$84K	$94K	$4K	—	View 990
2021	$95K	$89K	$72K	$4K	—	View 990
2020	$86K	$93K	$64K	$2K	—	View 990
2019	$91K	$78K	$72K	$3K	—	View 990
2018	$90K	$82K	$64K	$8K	—	View 990
2017	$89K	$89K	$55K	$7K	—	View 990
2016	$88K	$75K	$53K	$4K	—	View 990
2015	$86K	$79K	$40K	$5K	—	View 990
2014	$86K	$70K	$41K	$11K	—	—
2013	$-30,254	$0	$31K	$18K	—	View 990
2012	$-7,409	$0	$51K	$8K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $90K, expenses of $87K, and assets of $105K (revenue -9.6% year-over-year).
2023: Revenue of $99K, expenses of $91K, and assets of $102K (revenue -5.7% year-over-year).
2022: Revenue of $106K, expenses of $84K, and assets of $94K (revenue +11.0% year-over-year).
2021: Revenue of $95K, expenses of $89K, and assets of $72K (revenue +10.8% year-over-year).
2020: Revenue of $86K, expenses of $93K, and assets of $64K (revenue -6.1% year-over-year).
2019: Revenue of $91K, expenses of $78K, and assets of $72K (revenue +2.0% year-over-year).
2018: Revenue of $90K, expenses of $82K, and assets of $64K (revenue +0.6% year-over-year).
2017: Revenue of $89K, expenses of $89K, and assets of $55K (revenue +0.9% year-over-year).
2016: Revenue of $88K, expenses of $75K, and assets of $53K (revenue +2.9% year-over-year).
2015: Revenue of $86K, expenses of $79K, and assets of $40K (revenue -0.3% year-over-year).
2014: Revenue of $86K, expenses of $70K, and assets of $41K.
2013: Revenue of $-30,254, expenses of $0, and assets of $31K.
2012: Revenue of $-7,409, expenses of $0, and assets of $51K.

Data Sources and Methodology

This transparency report for Old Bath Custom House Inc 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.