Greater Fall River Re-Creation Committee Inc

Analysis

Greater Fall River Re-Creation Committee Inc is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in August 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Greater Fall River Re-Creation Committee Inc reported income of $2.7m and spending of $2.0m, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.7m (+86%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Fall River Re-Creation Committee Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Richland Opportunities Inc ($2.7m), Camp Augusta Incorporated ($2.7m) and Nottoway County Emergency Squad ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $86k (4.3% of expenses). Other salaries and wages came to $873k. At year end it held assets of $3.0m against liabilities of $599k, net assets of $2.4m. It reported 75 employees.