Maine Veterans Home
460 Civic Center Dr, Augusta, ME · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $119,340,649 | $111,596,634 | $129,534,347 |
| FY2024 | $106,659,613 | $113,203,865 | $120,551,407 |
| FY2023 | $89,462,623 | $103,085,307 | $128,060,614 |
| FY2022 | $85,884,783 | $95,974,404 | $142,085,605 |
| FY2021 | $107,295,717 | $97,921,867 | $158,273,296 |
| FY2020 | $126,323,581 | $101,373,945 | $142,261,364 |
| FY2019 | $111,490,239 | $92,467,792 | $116,065,743 |
| FY2018 | $101,148,915 | $99,351,896 | $96,099,873 |
| FY2017 | $97,808,788 | $97,870,385 | $93,692,573 |
| FY2016 | $93,411,752 | $92,675,543 | $91,599,921 |
| FY2015 | $89,050,718 | $86,512,944 | $90,914,556 |
| FY2014 | $92,250,641 | $87,069,788 | $103,331,890 |
| FY2013 | $86,728,346 | $85,645,389 | $94,708,392 |
| FY2012 | $84,200,056 | $80,039,181 | $91,563,715 |
Form 990 filings
The returns filed by Maine Veterans Home (EIN 01-0376832), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $1,428,348 | 1% |
| Program service revenue | $111,235,905 | 93% |
| Other revenue | $6,676,396 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $98,941,007 | 89% |
| Management & general | $12,655,627 | 11% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 93% of total revenue in FY2025.
- Program services accounted for 89% of functional expenses, management & general 11%, and fundraising 0%.
- 89% of functional expenses went to program services in FY2025. That is higher than 58% of 50 Health Care organizations in ME.
- Net assets covered about 13.9 months of expenses at the end of the reporting year. That puts it in the 66th percentile among 189 Health Care organizations in ME.
- Total revenue was higher than 95.3% of 191 Health Care organizations in ME.
- Total revenue rose from $84,200,056 in FY2012 to $119,340,649 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2017, FY2022, FY2023, FY2024).
- The highest revenue on record here is $126,323,581 in FY2020.
- Net assets grew from $91,563,715 to $129,534,347 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Maine Veterans' Homes provides skilled nursing and rehabilitation, long term care, memory care, pharmacy support and consultation, and assisted living services for veterans and eligible family members at six facilities across Maine.
IRS status
| Ruling year | 1981 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E910 — Health Care (in ME) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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