L โ€” Housing & ShelterEIN: 010425115ยท Ruling Year: 1990

Mid-maine Homeless Shelter Inc

Waterville, Maine

B+Health Score
66B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$2.5M
Total Revenue
๐Ÿ“Š
$2.9M
Total Expenses
๐Ÿฆ
$4.9M
Net Assets
๐Ÿ“‹
$306K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-14.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.71
Net assets divided by total expenses
Liabilities-to-Assets
5.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,498,333โ†‘16%$2,871,639โ†‘8%$5,217,198โ†“2%
2022$2,153,553โ†“22%$2,661,454โ†‘35%$5,302,353โ†“9%
2021$2,758,283โ†‘56%$1,972,452โ†‘19%$5,852,733โ†‘10%
2020$1,768,896โ†‘87%$1,661,008โ†‘52%$5,320,510โ†‘9%
2019$945,678โ†‘11%$1,094,890โ†‘13%$4,893,390โ†‘1%
2018$851,342โ†“17%$972,486โ†‘25%$4,861,762โ†“3%
2017$1,030,291โ†‘1%$776,201โ†‘18%$4,996,644โ†‘4%
2016$1,022,769โ†“6%$657,944โ†‘9%$4,801,825โ†‘33%
2015$1,083,954โ†‘22%$605,034โ†“15%$3,619,888โ†‘1%
2014$886,057โ†“1%$715,447โ†“15%$3,569,766โ†“7%
2013$898,148โ†“25%$840,095โ†‘42%$3,851,259โ†“5%
2012$1,204,913โ†‘1%$590,833โ†‘33%$4,068,032โ†‘29%
2011$1,192,807$442,933$3,156,932

Frequently Asked Questions

What does Mid-maine Homeless Shelter Inc do?โ–ผ

Mid-maine Homeless Shelter Inc is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L41Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mid-maine Homeless Shelter Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Mid-maine Homeless Shelter Inc has a score of 66/100 (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 Mid-maine Homeless Shelter Inc generate?โ–ผ

Mid-maine Homeless Shelter Inc reports $2.7M in annual revenue and holds $5.3M in total assets, based on IRS filings.

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Mid-maine Homeless Shelter Inc โ€” Waterville, ME | GiveScope