Phillips-strickland House Corporation
Only null% goes to programs Strong reserves
Phillips-strickland House Corporation is a 501(c)(3) organization based in Bangor, Maine, registered in 1976, with $2,022,712 in FY2024 revenue. CharityIndex grades it D.
21 Boyd Street, Bangor, ME, 04401 EIN 01-0342167 Since 1976
Revenue (FY2024)
$2.0M
▼ 3.0% vs prior year
Housing median: $408K
Expenses (FY2024)
$2.6M
Net assets
$6.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Phillips-strickland House Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating29 mo reserves · -30% 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 Phillips-strickland House Corporation: 29 mo reserves · -30% margin earns a D 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 Phillips-strickland House Corporation— 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 Phillips-strickland House Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 21 Boyd Street, Bangor, ME, 04401
- City
- Bangor
- State
- Maine
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Website
- …
Financial trends
Revenue declined from $2.1M (FY2014) to $2.0M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $488KNet assets $6.5M
Operating margin
-30.0%
Spent more than it raised in the latest fiscal year.
Total assets
$6.9M
Total liabilities
$488K
Net assets
$6.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,022,712▼3.0% | $2,630,217▼3.3% | $6,460,921▼0.6% | $6,948,450▼1.5% | 990 |
| 2023 | $2,085,655▼7.1% | $2,719,720▲1.8% | $6,497,640▲0.2% | $7,057,403▲0.1% | 990 |
| 2022 | $2,246,100▲6.1% | $2,672,020▲7.5% | $6,487,062▼16.0% | $7,053,625▼16.5% | 990 |
| 2021 | $2,117,015▲14.4% | $2,485,447▲3.3% | $7,723,139▲7.3% | $8,449,494▲5.3% | 990 |
| 2020 | $1,851,228▼1.9% | $2,405,748▲8.7% | $7,200,030▲0.8% | $8,024,662▲4.6% | 990 |
| 2019 | $1,887,472▲6.6% | $2,213,008▲6.1% | $7,141,185▲2.7% | $7,671,588▲5.8% | 990 |
| 2017 | $1,771,026▼15.3% | $2,086,412▼0.4% | $6,956,652▲7.5% | $7,248,318▲6.3% | 990 |
| 2016 | $2,091,251▲0.7% | $2,094,105▼1.8% | $6,472,039▼2.0% | $6,819,101▼2.9% | 990 |
| 2015 | $2,076,237▼1.7% | $2,133,339▲2.0% | $6,600,889▼7.4% | $7,023,594▼6.3% | 990 |
| 2014 | $2,111,549 | $2,090,978 | $7,127,492 | $7,492,462 | 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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Frequently asked questions
- Is Phillips-strickland House Corporation a legitimate nonprofit?
- Yes. Phillips-strickland House Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-0342167, based in Bangor, Maine. Donations are tax-deductible.
- What is Phillips-strickland House Corporation's EIN?
- Phillips-strickland House Corporation's Employer Identification Number (EIN) is 01-0342167.
- How much revenue does Phillips-strickland House Corporation report?
- Phillips-strickland House Corporation reported $2,022,712 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Phillips-strickland House Corporation have?
- CharityIndex grades Phillips-strickland House Corporation D, based on financial health (reserves and operating margin).
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Data for Phillips-strickland House Corporation (EIN 01-0342167) 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.