Nathan and Henry B Cleaves Law Library is a 501(c)(3) organization based in Portland, Maine, registered in 1997, with $228,724 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$229K
▲ 3.6% vs prior year
Education median: $200K
Expenses (FY2024)
$218K
Net assets
$3.6M
Employees
—
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 Nathan and Henry B Cleaves Law Library— 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 Nathan and Henry B Cleaves Law Library: 198 mo reserves · +5% margin earns a B+ 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 Nathan and Henry B Cleaves Law Library— 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 Nathan and Henry B Cleaves Law Library: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $185K (FY2013) to $229K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
4.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$0
Net assets
$3.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $228,724▲3.6% | $217,612▼1.7% | $3,590,649▲8.4% | $3,590,649▲8.4% | 990 |
| 2023 | $220,750▲33.4% | $221,281▲13.2% | $3,311,347▲9.4% | $3,311,347▲9.4% | 990 |
| 2022 | $165,534▼39.6% | $195,426▲1.2% | $3,027,682▼13.2% | $3,027,682▼13.2% | 990 |
| 2021 | $274,183▲65.9% | $193,062▼7.4% | $3,488,276▲12.4% | $3,488,276▲12.4% | 990 |
| 2020 | $165,272▼39.4% | $208,462▲1.1% | $3,102,652▲6.0% | $3,102,652▲6.0% | 990 |
| 2019 | $272,507▲12.6% | $206,213▼2.8% | $2,927,751▲17.2% | $2,927,751▲17.2% | 990 |
| 2018 | $242,076▼15.1% | $212,106▲12.5% | $2,498,929▼6.2% | $2,498,929▼6.2% | 990 |
| 2017 | $285,149▼29.5% | $188,480▲1.2% | $2,663,990▲10.8% | $2,663,990▲10.8% | 990 |
| 2016 | $404,509▲151% | $186,253▲1.5% | $2,404,920▲6.5% | $2,404,920▲6.5% | 990 |
| 2015 | $161,318▼13.7% | $183,433▲3.8% | $2,257,101▼0.7% | $2,257,101▼0.7% | 990 |
| 2014 | $186,862▲0.9% | $176,769▲0.8% | $2,272,554▲3.1% | $2,272,554▲3.1% | 990 |
| 2013 | $185,184 | $175,445▼0.4% | $2,204,806▲7.4% | $2,204,806▲7.4% | 990 |
| 2012 | — | $176,097▼3.7% | $2,052,868▲3.3% | $2,052,868▲3.3% | 990 |
| 2011 | — | $182,812▲15.2% | $1,987,898 | $1,987,898 | 990 |
| 2010 | — | $158,745 | $1,988,416 | $1,988,416 | 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 Nathan and Henry B Cleaves Law Library (EIN 01-0511596) 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.