E — Health CareEIN: 010376832

Maine Veterans Home

Augusta, Maine

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.24×
Peer Median0.50×
💰
$89.5M
Total Revenue
📊
$103.1M
Total Expenses
🏦
$128.1M
Net Assets
📋
$57.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.2%
Year-over-year change (2022 → 2023)
Net Margin
-15.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.24
Net assets divided by total expenses
Liabilities-to-Assets
30.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$89,462,623↑4%$103,085,307↑7%$185,101,800↓8%
2022$85,884,783↓20%$95,974,404↓2%$201,723,871↓7%
2021$107,295,717↓15%$97,921,867↓3%$217,527,191↑16%
2020$126,323,581↑13%$101,373,945↑10%$187,313,138↑26%
2019$111,490,239↑10%$92,467,792↓7%$149,178,828↑5%
2018$101,148,915↑3%$99,351,896↑2%$142,234,366
2017$97,808,788↑5%$97,870,385↑6%$142,818,715↑12%
2016$93,411,752↑5%$92,675,543↑7%$127,726,566↑9%
2015$89,050,718↓3%$86,512,944↓1%$117,601,979↑5%
2014$92,250,641↑6%$87,069,788↑2%$111,943,810↑7%
2013$86,728,346↑3%$85,645,389↑7%$104,837,219↑4%
2012$84,200,056↑3%$80,039,181↑6%$100,588,540↑4%
2011$81,911,414$75,714,276$96,480,267

Frequently Asked Questions

What does Maine Veterans Home do?▼

Maine Veterans Home is a health care nonprofit organization based in Maine. It is classified under NTEE code E910 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Maine Veterans Home financially healthy?▼

Based on our 9-metric Financial Health Score model, Maine Veterans Home has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Maine Veterans Home generate?▼

Maine Veterans Home reports $106.7M in annual revenue and holds $172.6M in total assets, based on IRS filings.

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