Iam & Aw Local S 6 is a 501(c)(5) organization based in Bath, Maine, registered in 2019, with $2,302,073 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.3M
▲ 8.9% vs prior year
Employment median: $367K
Expenses (FY2024)
$2.0M
Net assets
$4.1M
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 Iam & Aw Local S 6— 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 Iam & Aw Local S 6: 24 mo reserves · +12% 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 Iam & Aw Local S 6— 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 Iam & Aw Local S 6: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.5M (FY2020) to $2.3M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
12.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$0
Net assets
$4.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,302,073▲8.9% | $2,020,862▲10.9% | $4,060,098▲7.4% | $4,060,098▲7.4% | 990 |
| 2023 | $2,113,054▲26.1% | $1,822,080▲51.8% | $3,778,887▲12.4% | $3,778,887▲12.4% | 990 |
| 2022 | $1,675,847▼37.8% | $1,200,142▼29.6% | $3,362,291▲16.7% | $3,362,291▲16.7% | 990 |
| 2021 | $2,695,525▲76.9% | $1,704,012▲10.5% | $2,882,321▲52.4% | $2,882,321▲52.4% | 990 |
| 2020 | $1,524,002 | $1,542,591 | $1,891,490 | $1,891,490 | 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 Iam & Aw Local S 6 (EIN 01-0443436) 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.