Health Care
(E12)
990 on File
MAINE HEALTH ACCESS FOUNDATION INC
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$15.8M
Total Revenue
$6.3M
Total Expenses
$149.6M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
117.6%
Fundraising Efficiency
N/A
Operating Reserve
284.75x
Liability-to-Asset
3.1%
Revenue Diversification
104.3%
Executive Compensation
$275K
Compared with Peers
FY 2024
Compared with 3,080 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
117.6% | 84.8% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
284.8 mo | 9.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.1% | 13.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
104.3% | 91.1% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
7.8% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-28.2% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
60.0% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $15.8M | $6.3M | $149.6M | 117.6% | — |
| 2023 | $14.6M | $8.8M | $137.6M | 94.4% | — |
| 2022 | $16.7M | $11.4M | $114.6M | 64.3% | — |
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