United Mid Coast Charities Inc
United Mid Coast Charities Inc maintains strong assets and reports 0% officer compensation, indicating efficient operations.
EIN: 16009240 · Camden, ME · NTEE: T70Z · Updated: 2026-03-28
Is United Mid Coast Charities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Mid Coast Charities Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Mid Coast Charities Inc
United Mid Coast Charities Inc (EIN: 16009240) is a nonprofit organization based in Camden, ME, classified under NTEE code T70Z. The organization reported total revenue of $1.2M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Mid Coast Charities Inc'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 United Mid Coast Charities Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, United Mid Coast Charities Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
United Mid Coast Charities Inc consistently reports 0% officer compensation across all available filings, which is highly commendable and suggests that executive leadership is either volunteer-based or compensated through non-officer roles, significantly reducing administrative overhead for an organization with assets exceeding $5 million.
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 United Mid Coast Charities Inc's IRS 990 filings:
- Significant revenue volatility, as seen between $3,710,184 in 2015 and $544,217 in 2022, could indicate reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for United Mid Coast Charities Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Strong and growing asset base, reaching $5,623,122 in 2023, providing financial stability.
- Low liabilities, consistently under $33,000, demonstrating sound financial management.
- Regular and extensive IRS 990 filing history (14 filings), indicating strong transparency.
Frequently Asked Questions about United Mid Coast Charities Inc
Is United Mid Coast Charities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, United Mid Coast Charities Inc (EIN: 16009240) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does United Mid Coast Charities Inc spend its money?
United Mid Coast Charities Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to United Mid Coast Charities Inc tax-deductible?
United Mid Coast Charities Inc is registered as a tax-exempt nonprofit (EIN: 16009240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is United Mid Coast Charities Inc a good charity?
Based on the provided data, United Mid Coast Charities Inc appears to be a very good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. The organization also maintains substantial assets ($5,623,122 in 2023) and has a history of regular IRS 990 filings, suggesting good financial health and transparency.
How has the organization's revenue trended?
United Mid Coast Charities Inc's revenue has shown significant fluctuations, with a high of $3,710,184 in 2015, a dip to $544,217 in 2022, and a strong recovery to $1,476,120 in 2023. This indicates variability in its funding sources but also a capacity for substantial fundraising.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is an exceptional practice. This suggests that the organization's leadership is either entirely volunteer or compensated through roles not classified as officers, maximizing resources for programmatic activities.
Filing History
IRS 990 filing history for United Mid Coast Charities Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), United Mid Coast Charities Inc's revenue has grown by 239.3%, moving from $435K to $1.5M. Total assets increased by 250.2% over the same period, from $1.6M to $5.6M. Total functional expenses rose by 131.5%, from $380K to $881K. In its most recent filing year (2023), United Mid Coast Charities Inc reported a surplus of $596K, with revenue exceeding expenses. The organization holds $24K in liabilities against $5.6M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $881K | $5.6M | $24K | — | View 990 |
| 2022 | $544K | $759K | $4.7M | $33K | — | View 990 |
| 2021 | $840K | $697K | $5.6M | $13K | — | — |
| 2020 | $807K | $760K | $5.3M | $22K | — | View 990 |
| 2019 | $607K | $651K | $5.0M | $23K | — | View 990 |
| 2018 | $530K | $719K | $4.2M | $16K | — | View 990 |
| 2017 | $220K | $50K | $5.0M | $11K | — | View 990 |
| 2017 | $818K | $638K | $4.7M | $10K | — | View 990 |
| 2016 | $646K | $675K | $4.2M | $15K | — | View 990 |
| 2015 | $3.7M | $1.0M | $4.4M | $16K | — | View 990 |
| 2014 | $704K | $538K | $1.8M | $83K | — | View 990 |
| 2013 | $366K | $420K | $1.6M | $85K | — | View 990 |
| 2012 | $308K | $437K | $1.6M | $40K | — | View 990 |
| 2011 | $435K | $380K | $1.6M | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $881K, and assets of $5.6M (revenue +171.2% year-over-year).
- 2022: Revenue of $544K, expenses of $759K, and assets of $4.7M (revenue -35.2% year-over-year).
- 2021: Revenue of $840K, expenses of $697K, and assets of $5.6M (revenue +4.2% year-over-year).
- 2020: Revenue of $807K, expenses of $760K, and assets of $5.3M (revenue +33.0% year-over-year).
- 2019: Revenue of $607K, expenses of $651K, and assets of $5.0M (revenue +14.6% year-over-year).
- 2018: Revenue of $530K, expenses of $719K, and assets of $4.2M (revenue +140.8% year-over-year).
- 2017: Revenue of $220K, expenses of $50K, and assets of $5.0M (revenue -73.1% year-over-year).
- 2017: Revenue of $818K, expenses of $638K, and assets of $4.7M (revenue +26.5% year-over-year).
- 2016: Revenue of $646K, expenses of $675K, and assets of $4.2M (revenue -82.6% year-over-year).
- 2015: Revenue of $3.7M, expenses of $1.0M, and assets of $4.4M (revenue +427.2% year-over-year).
- 2014: Revenue of $704K, expenses of $538K, and assets of $1.8M (revenue +92.1% year-over-year).
- 2013: Revenue of $366K, expenses of $420K, and assets of $1.6M (revenue +19.0% year-over-year).
- 2012: Revenue of $308K, expenses of $437K, and assets of $1.6M (revenue -29.2% year-over-year).
- 2011: Revenue of $435K, expenses of $380K, and assets of $1.6M.
Data Sources and Methodology
This transparency report for United Mid Coast Charities 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.