Maine Center For Economic Policy
Only null% goes to programs Strong reserves
Maine Center For Economic Policy is a 501(c)(3) organization based in Augusta, Maine, registered in 1994, with $1,684,804 in FY2024 revenue. CharityIndex grades it B.
Po Box 437, Augusta, ME, 04332 EIN 22-3317572 Since 1994
Revenue (FY2024)
$1.7M
▲ 32.4% vs prior year
Social Science median: $380K
Expenses (FY2024)
$1.4M
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Maine Center For Economic Policy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +19% margin
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 Maine Center For Economic Policy: 12 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Maine Center For Economic Policy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Maine Center For Economic Policy: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 437, Augusta, ME, 04332
- City
- Augusta
- State
- Maine
- Category
- Social Science
- Subcategory
- Social Science Research
- Website
- …
Financial trends
Revenue grew from $526K (FY2013) to $1.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $50KNet assets $1.4M
Operating margin
19.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$50K
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,684,804▲32.4% | $1,361,597▼9.2% | $1,351,157▲31.4% | $1,401,030▲29.6% | 990 |
| 2023 | $1,272,092▲11.1% | $1,499,772▲8.2% | $1,027,950▼18.1% | $1,081,376▼17.0% | 990 |
| 2022 | $1,144,593▼30.3% | $1,386,595▲19.2% | $1,255,630▼16.2% | $1,302,237▼15.1% | 990 |
| 2021 | $1,641,319▲31.0% | $1,163,682▲12.7% | $1,497,632▲46.8% | $1,534,214▲46.3% | 990 |
| 2020 | $1,253,370▼11.7% | $1,032,344▼15.3% | $1,019,995▲27.7% | $1,048,645▲25.9% | 990 |
| 2019 | $1,418,762▲43.3% | $1,219,404▲16.4% | $798,969▲33.2% | $832,880▲32.3% | 990 |
| 2018 | $990,024▼6.3% | $1,047,375▲20.2% | $599,611▼8.7% | $629,452▼7.0% | 990 |
| 2017 | $1,056,206▲10.9% | $871,438▲8.3% | $656,962▲39.1% | $677,012▲37.9% | 990 |
| 2016 | $952,535▲16.5% | $804,312▲1.6% | $472,193▲45.8% | $491,044▲44.2% | 990 |
| 2015 | $817,851▲179% | $791,587▲49.8% | $323,970▲8.8% | $340,525▲8.5% | 990 |
| 2014 | $293,397▼44.3% | $528,265▲3.6% | $297,706▼43.8% | $313,829▼42.8% | 990 |
| 2013 | $526,435 | $510,039▼18.5% | $529,374▲3.2% | $548,582▲3.3% | 990 |
| 2012 | — | $626,060▼0.4% | $512,964▼6.1% | $530,863▼6.6% | 990 |
| 2011 | — | $628,264 | $546,549 | $568,453 | 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.
Grants received · $4.7M total
85 grants to Maine Center For Economic Policy totaling $4.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hopewell Fund | Civil rights, social action, advocacy | 2024 | $265,000 |
| Center On Budget and Policy Priorities | General support | 2024 | $140,000 |
| Arizona Community Foundation | This award is for general support | 2024 | $70,000 |
| Center On Budget and Policy Priorities | Tribal state policy project | 2024 | $50,000 |
| Center On Budget and Policy Priorities | Federal policy and advocacy project | 2024 | $50,000 |
| Center On Budget and Policy Priorities | Immigration project | 2024 | $45,000 |
| Maine Community Foundation Inc | Economic development | 2024 | $43,500 |
| Center On Budget and Policy Priorities | General support | 2024 | $35,000 |
| Center On Budget and Policy Priorities | Rapid advocacy revenue project | 2024 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $230,925 |
| Hopewell Fund | Civil rights, social action, advocacy | 2023 | $100,000 |
| Center On Budget and Policy Priorities | General support | 2023 | $75,000 |
| Center On Budget and Policy Priorities | Immigration project | 2023 | $45,000 |
| Center On Budget and Policy Priorities | General support | 2023 | $30,000 |
| Maine Community Foundation Inc | Economic development | 2023 | $27,000 |
Similar organizations in Social Science
Social Science
Common Dreams Inc
Portland, ME
$1.7M
Bannual revenue
Social Science
Lives In the Balance Inc
Freeport, ME
$777K
Dannual revenue
- Social Science
Maine Center For Policy Research
Yarmouth, ME
$0
annual revenue
- Social Science
Peace Corps Friends of Dr Congo
Biddeford, ME
$0
annual revenue
- Social Science
Maine State Council For Exceptional Children
Orono, ME
$0
annual revenue
Compare Maine Center For Economic Policy
Frequently asked questions
- Is Maine Center For Economic Policy a legitimate nonprofit?
- Yes. Maine Center For Economic Policy is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3317572, based in Augusta, Maine. Donations are tax-deductible.
- What is Maine Center For Economic Policy's EIN?
- Maine Center For Economic Policy's Employer Identification Number (EIN) is 22-3317572.
- How much revenue does Maine Center For Economic Policy report?
- Maine Center For Economic Policy reported $1,684,804 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Maine Center For Economic Policy have?
- CharityIndex grades Maine Center For Economic Policy B, based on financial health (reserves and operating margin).
More nonprofits in Augusta
Explore more
Data for Maine Center For Economic Policy (EIN 22-3317572) 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.