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Atlantic Charitable Fund at a glance

· Private foundation

Atlantic Charitable Fund

Its FY2024 filing reports that it accepted unsolicited grant applications.

$78k
Granted FY2024still arriving
6
Grants FY2024still arriving
1
States reached
$35k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Housing & Shelter$194kHuman Services$105kHealth$53kFood & Nutrition$2kPhilanthropy$500
02FY2024 · 6 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k3 grants · $13k
  • $10k–50k3 grants · $65k
$12,500
Median grant
1
States reached
$1.0M
Total assets
Largest grants
RecipientAmount
Trinity Jubilee Center$35,000
Tedford Housing$17,000
Milestone Recovery$12,500
The Northern Lighthouse$6,000
New Beginnings Inc$6,000
Genesis Community Loan Fund$1,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–24, $140k) land where the poverty rate runs at 9%, against an area that typically sits at 10%. 36% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 10%Knox County Homeless Coalition: $5k → 11%Rumford Group Homes: $1k → 13%The Northern Lighthouse: $6k → 15%Knox County Homeless Coalition: $5k → 11%Knox County Homeless Coalition: $2k → 11%New Beginnings Inc: $12k → 13%New Beginnings Inc: $6k → 13%Preble Street: $40k → 7%Preble Street: $25k → 7%New Beginnings Inc: $1k → 13%Preble Street: $25k → 7%Rural Community Action Ministries: $10k → 13%Rural Community Action Ministries: $750 → 13%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

97%of every dollar goes to organizations it has funded before.
$342k · 14 repeat orgs$12k to everyone else

Grantees it renews have grown median revenue +18% since the first grant, against +16% for those funded once.

14 repeat relationships: 5 still active in FY2024, 9 since wound down; 1 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

14
2

Total granted

$342k
$6k

Median revenue growth · since first grant

+18%
+16%

Still filing today

93%
50%

New vs renewed · share of each year

In FY2024, 92% of grant dollars renewed an existing relationship; $6k went to new ones.

50%100%’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23’24
Human ServicesHousing & ShelterHealthFood & NutritionOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • PS
    PREBLE STREET
    3× · 2020–2022 · $90k · revenue +50%
  • TJ
    Trinity Jubilee Center Inc
    5× · 2020–2024 · $78k · revenue +739%
  • MR
    MILESTONE RECOVERY
    5× · 2020–2024 · $47k · revenue +148%

Funded once

  • SH
    SHAW HOUSE
    one grant, 2022 · $5k · revenue 0%
  • RG
    RUMFORD GROUP HOMES INC
    one grant, 2021 · $1k · revenue +16%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Community Care

To provide quality community-based services that are timely and effective in promoting the health and well being of individuals and their families.

Human Services
2
Safe Harbour Inc

Safe harbour provides a continuum of housing and supportive services for homeless and nearly homeless individuals and families in our communities.

Housing & Shelter
3
Shelter House Community Shelter and Transition Services

Through shelter and housing, advocacy and supportive services, our mission is to prevent and end homelessness in our community.

—
4
Midcoast Maine Homeless Coalition

Midcoast Maine Homeless Coalition works to end the cycle of homelessness for individual families in Waldo County, Maine through innovation and collaboration around affordable housing and this program is designed to do just that. Family…

Housing & Shelter
5
House of Hope

Assisting and housing females in recovery

—
6
House of Hope

We assist young mothers with housing and wrap around services.

Human Services
7
Bridge Over Troubled Waters Inc

Bridge over troubled waters provides effective and innovative services to homeless, at-risk, and runaway youth, helps youth avoid a lifetime of dependency on social services, guides youth towards self-sufficiency, and enables youth to…

Health
8
Home for Homeless Women
—
9
Places of Change

Resource for housing and other essential needs

Housing & Shelter
10
The Opportunity Alliance

To build better lives and stronger communities across Maine, The Opportunity Alliance supports people with the programs and resources they need to improve their health, safety, and stability.

Human Services
11
Mercy Housing & Shelter Corporation

Mercy housing and shelter corporation provides housing assistance and supportive services to persons who are homeless or at risk of becoming homeless. mercy works to empower its clients to become independent, so they may live and work with…

Housing & Shelter
12
Southern Maine Affordable Housing

To provide quality affordable housing

Housing & Shelter
How this is measured
The grantee most central to the portfolio’s shape is Rumford Group Homes Inc; the most unlike its peers is Tedford Housing. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

16 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 16 of the 17 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
15/16
Grantees still filing
10/16
Grew since first funded

Where the money sits, by cause and then by grantee

PREBLE STREET: $90,000 · Human ServicesPREBLE STREETNew Beginnings: $19,400 · Human ServicesNew BeginningsHomeworthy: $12,400 · Human ServicesHomeworthyRural Community Action Ministry: $10,750 · Human ServicesRural Community Action MinistryTHE NORTHERN LIGHTHOUSE INC: $6,000 · Human Services+1 more: $1,400 · Human ServicesTrinity Jubilee Center Inc: $78,430 · Food & NutritionTrinity Jubilee Center In…TEDFORD HOUSING: $45,400 · Housing & ShelterTEDFORD HOUSINGMid-Maine Homeless Shelter Inc: $6,400 · Housing & ShelterMid-Maine Homeles…BREAD OF LIFE MINISTRIES INC: $2,400 · Housing & ShelterMILESTONE RECOVERY: $46,650 · HealthMILESTONE RECOVE…Penobscot Community Health Center: $6,400 · HealthPenobscot Commun…HOMELESS SERVICES OF AROOSTOOK INC: $11,400 · OtherHOMELESS …HOME INC: $6,400 · OtherHOME INCSHAW HOUSE: $5,000 · OtherSHAW HOUS…THE BANGOR AREA HOMELESS SHELTER: $4,900 · OtherTHE BANGO…Genesis Community Loan Fund: $1,500 · Other
Human Services$139,950Food & Nutrition$78,430Housing & Shelter$54,200Health$53,050Other$29,200

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetPREBLE STREET: $90,000 over 3y, 0.2% of budgetTrinity Jubilee Center Inc: $78,430 over 5y, 2.7% of budgetMILESTONE RECOVERY: $46,650 over 5y, 0.4% of budgetTEDFORD HOUSING: $45,400 over 4y, 0.9% of budgetNew Beginnings: $19,400 over 3y, 0.3% of budgetHomeworthy: $12,400 over 3y, 0.1% of budgetHOMELESS SERVICES OF AROOSTOOK INC: $11,400 over 2y, 1.3% of budgetRural Community Action Ministry: $10,750 over 2y, 2.1% of budgetMid-Maine Homeless Shelter Inc: $6,400 over 2y, 0.2% of budgetPenobscot Community Health Center: $6,400 over 2y, 0.0% of budgetHOME INC: $6,400 over 2y, 0.2% of budgetTHE NORTHERN LIGHTHOUSE INC: $6,000 over 1y, 0.1% of budgetSHAW HOUSE: $5,000 over 1y, 0.3% of budgetTHE BANGOR AREA HOMELESS SHELTER: $4,900 over 2y, 0.3% of budgetBREAD OF LIFE MINISTRIES INC: $2,400 over 2y, 0.1% of budgetRUMFORD GROUP HOMES INC: $1,400 over 1y, 0.1% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Maine Community Found…John T Gorman Foundat…Maine Health Access F…Bangor Savings Bank F…Machias Savings Bank …Stephen & Tabitha Kin…Agnes M Lindsay TrustNarragansett Number O…Fisher Charitable Fou…Libra FoundationSimmons Foundation - …Good Shepherd Food Ba…
Maine Community Foundation IncME34.6× affinity15 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Maine Community Foundation Inc · John T Gorman Foundation · Maine Health Access Foundation Inc · Bangor Savings Bank Foundation · Machias Savings Bank Community Development Foundation · Stephen & Tabitha King Foundation Inc · Agnes M Lindsay Trust · Narragansett Number One Foundation · Fisher Charitable Foundation · Libra Foundation · Simmons Foundation - PerkinsThompson · Good Shepherd Food Bank

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Atlantic Charitable Fund funds: left to right is the share of its income from government, bottom to top the share from Atlantic Charitable Fund. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    6report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 17 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Atlantic’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home