Falmouth Together We Can Inc

Analysis

Falmouth Together We Can Inc is a registered charity in United States, based in Falmouth, MA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Falmouth Together We Can Inc reported income of $98k and spending of $103k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $189k to $98k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Falmouth Together We Can Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Sisterspace of the Delaware Valley Ltd ($98k), Beautiful Ventures Foundation Inc ($98k) and Empower Programs Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $299k against liabilities of $0, net assets of $299k.