Little Theatre of Fall River Inc

Analysis

Little Theatre of Fall River Inc is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Little Theatre of Fall River Inc reported income of $176k and spending of $184k, spending 104% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $87k to $176k (+103%), an average of +103% a year. The sharpest change came in the year to September 2023, when income rose by 103%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little Theatre of Fall River Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Womens Civic Improvement League ($176k), Kittery Art Association ($176k) and Naples Roundtable Inc ($176k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. At year end it held assets of $243k against liabilities of $80k, net assets of $163k.