Falls Cable Corporation

Analysis

Falls Cable Corporation is a registered charity in United States, based in Shelburne FLS, MA. It received its IRS tax-exemption ruling in August 1990, 36 years ago. 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 December 2023, Falls Cable Corporation reported income of $68k and spending of $57k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $68k (-1.0%), an average of -1.0% a year. 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, Falls Cable Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include Catholic Charities Foundation ($68k), St Joseph Community Chorus Inc ($68k) and Parent Booster USA Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.