Sixty Three Washington Street
Sixty Three Washington Street: Declining Revenue and High Administrative Costs Raise Concerns
EIN: 222478222 · Camden, ME · Updated: 2026-04-04
Is Sixty Three Washington Street Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sixty Three Washington Street
Sixty Three Washington Street (EIN: 222478222) is a nonprofit organization based in Camden, ME. The organization reported total revenue of $163K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sixty Three Washington Street's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sixty Three Washington Street with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Sixty Three Washington Street allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual given the reported expenses and lack of specific salary disclosures.
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 Sixty Three Washington Street's IRS 990 filings:
- Zero program service expenses reported in 2019, despite total expenses of $57,811.
- Consistent reporting of 0% compensation for all officers, directors, trustees, and key employees across all years.
- Significant decline in revenue from $185,664 in 2014 to $41,900 in 2019.
- Accumulated deficit of $81,897 in 2018, indicating expenses exceeding revenue over time.
- Lack of clear mission or program activities described in the provided data.
Strengths
The following positive indicators were identified for Sixty Three Washington Street:
- The organization has maintained a physical presence at 'Sixty Three Washington Street' for several years.
Frequently Asked Questions about Sixty Three Washington Street
Is Sixty Three Washington Street a legitimate charity?
Based on AI analysis of IRS 990 filings, Sixty Three Washington Street (EIN: 222478222) significant concerns. Mission Score: 45/100. 5 red flags identified, 1 strength noted.
How does Sixty Three Washington Street spend its money?
Detailed spending breakdown data is not yet available for Sixty Three Washington Street. Check back for updated IRS 990 analysis.
Are donations to Sixty Three Washington Street tax-deductible?
Sixty Three Washington Street is registered as a tax-exempt nonprofit (EIN: 222478222). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Sixty Three Washington Street do?
Sixty Three Washington Street is a nonprofit organization in the Unknown sector, located in Camden, Maine. It is classified under NTEE code Unknown.
How much revenue does Sixty Three Washington Street have?
Sixty Three Washington Street reported total revenue of $162,717. Based on 8 IRS 990 filings on record.
What are Sixty Three Washington Street's total assets?
Sixty Three Washington Street holds total assets of $18,922 as reported in IRS 990 filings.
Where is Sixty Three Washington Street located?
Sixty Three Washington Street is based in Camden, Maine.
What is Sixty Three Washington Street's EIN?
Sixty Three Washington Street's Employer Identification Number (EIN) is 222478222. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Sixty Three Washington Street?
Sixty Three Washington Street is classified under NTEE code Unknown (Unknown).
Is Sixty Three Washington Street a registered 501(c)(3)?
Sixty Three Washington Street appears in IRS records (EIN: 222478222). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Sixty Three Washington Street file IRS Form 990?
Yes, Sixty Three Washington Street has 8 IRS Form 990 filings on record. The most recent covers tax period 201905.
What was Sixty Three Washington Street's revenue in 2019?
In the 201905 filing period, Sixty Three Washington Street reported total revenue of $41,900, total expenses of $57,811, and net assets of $18,922.
Is Sixty Three Washington Street's revenue growing or declining?
Sixty Three Washington Street's revenue is growing. Revenue went from $18,340 (201805) to $41,900 (201905), a +128.5% change. Based on 8 filings on record.
What is Sixty Three Washington Street's most recent 990 filing?
The most recent IRS Form 990 filing for Sixty Three Washington Street covers tax period 201905. It shows revenue of $41,900, expenses of $57,811, total assets of $18,922, and liabilities of N/A.
Is Sixty Three Washington Street a trustworthy charity?
Based on AI analysis of IRS 990 data, Sixty Three Washington Street shows mixed signals. Mission Score: 45/100 (Fair). 5 red flags identified. 1 strength noted.
What are the red flags for Sixty Three Washington Street?
The following concerns were identified: Zero program service expenses reported in 2019, despite total expenses of $57,811.. Consistent reporting of 0% compensation for all officers, directors, trustees, and key employees across all years.. Significant decline in revenue from $185,664 in 2014 to $41,900 in 2019.. Accumulated deficit of $81,897 in 2018, indicating expenses exceeding revenue over time.. Lack of clear mission or program activities described in the provided data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Sixty Three Washington Street's strengths?
Positive indicators for Sixty Three Washington Street include: The organization has maintained a physical presence at 'Sixty Three Washington Street' for several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Sixty Three Washington Street compensate executives?
Executive compensation is reported as 0% across all available filings, which is highly unusual given the reported expenses and lack of specific salary disclosures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% compensation for all key personnel and zero program expenses in 2019, how are the reported expenses of $57,811 in 2019 being utilized?
Without further detail on the nature of the 'other expenses' or administrative costs, it's unclear how the organization is operating with no reported program activities or paid staff.
What is the core mission or purpose of 'Sixty Three Washington Street' if no program service expenses are reported and revenue is significantly declining?
The provided data does not offer insight into the organization's mission, making it difficult to understand its operational goals or impact.
Filing History
IRS 990 filing history for Sixty Three Washington Street showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Sixty Three Washington Street's revenue has declined by 70.2%, moving from $141K to $42K. Total assets decreased by 87.4% over the same period, from $150K to $19K. Total functional expenses fell by 63.4%, from $158K to $58K. In its most recent filing year (2019), Sixty Three Washington Street reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $42K | $58K | $19K | $0 | — | View 990 |
| 2018 | $18K | $68K | $117K | $82K | — | — |
| 2017 | $116K | $173K | $145K | $60K | — | View 990 |
| 2016 | $154K | $152K | $151K | $9K | — | View 990 |
| 2015 | $168K | $170K | $148K | $8K | — | View 990 |
| 2014 | $186K | $179K | $155K | $13K | — | View 990 |
| 2013 | $179K | $172K | $153K | $18K | — | View 990 |
| 2012 | $141K | $158K | $150K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $42K, expenses of $58K, and assets of $19K (revenue +128.5% year-over-year).
- 2018: Revenue of $18K, expenses of $68K, and assets of $117K (revenue -84.2% year-over-year).
- 2017: Revenue of $116K, expenses of $173K, and assets of $145K (revenue -24.4% year-over-year).
- 2016: Revenue of $154K, expenses of $152K, and assets of $151K (revenue -8.3% year-over-year).
- 2015: Revenue of $168K, expenses of $170K, and assets of $148K (revenue -9.7% year-over-year).
- 2014: Revenue of $186K, expenses of $179K, and assets of $155K (revenue +3.7% year-over-year).
- 2013: Revenue of $179K, expenses of $172K, and assets of $153K (revenue +27.4% year-over-year).
- 2012: Revenue of $141K, expenses of $158K, and assets of $150K.
Data Sources and Methodology
This transparency report for Sixty Three Washington Street 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.