MAINE COMMUNITY HEALTH OPTIONS
NEW GLOUCESTR, ME 04260 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $303,837,975 | $337,142,473 | $45,483,712 |
| FY2023 | $306,360,987 | $330,991,903 | $90,706,404 |
| FY2022 | $240,547,158 | $255,746,072 | $118,783,016 |
| FY2021 | $187,137,640 | $207,148,584 | $120,389,917 |
| FY2020 | $230,534,833 | $174,032,368 | $140,140,003 |
| FY2019 | $318,165,474 | $292,978,630 | $84,188,921 |
| FY2018 | $424,215,650 | $398,928,831 | $57,333,556 |
| FY2017 | $286,850,409 | $293,101,448 | -$97,040,611 |
| FY2016 | $435,859,461 | $450,366,689 | -$90,824,978 |
| FY2015 | $404,022,764 | $479,098,749 | -$76,259,357 |
| FY2014 | $194,274,377 | $186,914,366 | -$1,027,377 |
| FY2013 | $573,458 | $7,177,174 | -$8,370,127 |
| FY2012 | $15,188 | $1,537,634 | -$1,755,581 |
| FY2011 | $0 | $233,135 | -$233,135 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $301,937,399 | 100% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Net assets covered about 1.6 months of expenses at the end of the reporting year. That puts it in the 0th percentile among 29 Mutual & Membership Benefit organizations in ME.
- Total revenue was higher than 100% of 30 Mutual & Membership Benefit organizations in ME.
- Total revenue rose from $0 in FY2011 to $303,837,975 in FY2024, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 10 of 14 reported years (FY2011, FY2012, FY2013, FY2015, FY2016, FY2017, FY2021, FY2022, FY2023, FY2024).
- The highest revenue on record here is $435,859,461 in FY2016.
- Net assets grew from -$233,135 to $45,483,712 between FY2011 and FY2024.
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
TO PARTNER WITH MAINE PEOPLE, BUSINESSES, AND HEALTH PROFESSIONALS TO PROVIDE AFFORDABLE, HIGH-QUALITY BENEFITS THAT PROMOTE HEALTH AND WELLBEING.
IRS status
| Ruling year | 2012 |
| Subsection | 501(c)(29) |
| Program area (NTEE) | Y20 — Mutual & Membership Benefit |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 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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