Maine · Nonprofit
Preachers' Aid Society of New England
Preachers' Aid Society of New England (Maine) receives grants from 3 organizations whose IRS filings report $547,856 to it, the largest being GEORGE E FULLER TUW-LUDLOW METH ($397,953). 2 of them have funded it in more than one year.
- Revenue FY2024
- $2.7M
- Funders on record
- 3
- Grants received
- $548k
- Net assets
- $53M
What Preachers' Aid Society of New England does
Mission
Preachers' Aid Society of New England endeavors to remain faithful to our core commitment to improve the quality of life among our United Methodist clergy, especially those who have retired from ministry and their surviving spouses. Through our strong financial support for retiree health care, training in personal financial management, spiritual life retreats and direct services to clergy families in need, we utilize the endowment of our Society to help generations of families enjoy a rich and full life in Christian ministry.
As stated on its FY2024 Form 990.
Program
Preachers' Aid Society of New England maintains a vigorous program of service to clergy families, demonstrating a major commitment to retirees and their welfare. Programs and services for retirees include in-home visitation, educational program support, emergency assistance, tending the fire, retiree housing, higher education loan program, retiree green loan program, baby grants, retiree health care, occasional clergy gatherings, retiree methodent program, and the Taylor Fellowship award. In addition to its direct program services, during this tax year the Society also paid over $390,000 in grants to other organizations as well as over $240,000 across 80 awards directly to individuals, each gift furthering the Society's charitable mission.
$2,132,588 spentof which $631,504 as grants$582,628 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $2,132,588.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $55M to $49M (−12%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Dr Wesley E Palmer
Executive Director
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $36k.
From the IRS filings of Preachers' Aid Society of New England’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Preachers' Aid Society of New England leans on a few funders — its largest provides 73% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 99% · 2021 100% · 2022 93% · 2023 94% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
Preachers' Aid Society of New England draws 100% of its grant income from funders outside Maine, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like Preachers' Aid Society of New England
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maine
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Charitable Remainder Trusts (5) · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for Preachers' Aid Society of New England: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Preachers' Aid Society of New England?
- Preachers' Aid Society of New England (Maine) receives grants from 3 organizations whose IRS filings report $547,856 to it, the largest being GEORGE E FULLER TUW-LUDLOW METH ($397,953). 2 of them have funded it in more than one year.
- How many funders does Preachers' Aid Society of New England have?
- IRS filings report 3 organizations giving $547,856 in grants to Preachers' Aid Society of New England, 2 of which have funded it in more than one year.
- Who is the largest funder of Preachers' Aid Society of New England?
- GEORGE E FULLER TUW-LUDLOW METH is the largest funder on record, with $397,953 in grants. The full list of funders is on this page.
- How can an organization like Preachers' Aid Society of New England find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maine. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing