Bangor Half-way House Inc is a 501(c)(3) organization based in Bangor, Maine, registered in 1966, with $276,705 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$277K
▲ 45.0% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$165K
Net assets
$576K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bangor Half-way House Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bangor Half-way House Inc: 42 mo reserves · +40% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bangor Half-way House Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bangor Half-way House Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $88K (FY2013) to $277K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
40.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$611K
Net assets
$576K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $276,705▲45.0% | $165,420▲44.3% | $575,928▲28.8% | $1,186,535▲79.8% | 990 |
| 2023 | $190,783▼43.9% | $114,627▼1.2% | $447,104▲27.9% | $659,756▲11.4% | 990 |
| 2022 | $340,232▲169% | $116,071▼42.9% | $349,476▲222% | $592,167▲7.5% | 990 |
| 2021 | $126,584▲12.9% | $203,300▲71.2% | $108,463▼50.0% | $550,892▼10.7% | 990 |
| 2020 | $112,124▼3.3% | $118,717▲9.0% | $216,865▲22.9% | $616,670▲2.6% | 990 |
| 2019 | $115,979▲6.1% | $108,896▲1.5% | $176,473▲2.8% | $601,212▼7.9% | 990 |
| 2018 | $109,271▲9.9% | $107,258▼6.8% | $171,736▲5.0% | $653,057▲7.2% | 990 |
| 2017 | $99,449▼7.9% | $115,051▲17.4% | $163,573▼2.8% | $609,366▼2.4% | 990 |
| 2016 | $107,985▲22.4% | $97,984▲6.2% | $168,218▲1.6% | $624,254▲0.7% | 990 |
| 2015 | $88,228▼0.1% | $92,265▼12.2% | $165,557▼5.8% | $620,161▲10.2% | 990 |
| 2014 | $88,296▼0.2% | $105,114▼16.9% | $175,734▼11.6% | $562,709▼3.1% | 990 |
| 2013 | $88,475 | $126,493▲28.6% | $198,884▼8.8% | $580,594▲0.2% | 990 |
| 2012 | — | $98,369▼1.9% | $218,156▲0.2% | $579,510▼0.1% | 990 |
| 2011 | — | $100,311▲10.0% | $217,631▼8.7% | $579,976▼5.1% | 990 |
| 2010 | — | $91,198 | $238,245 | $611,119 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Bangor Half-way House Inc (EIN 01-0282632) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.