Friends of New Falmouth Senior Center

Analysis

Friends of New Falmouth Senior Center is a registered charity in United States, based in Falmouth, MA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Friends of New Falmouth Senior Center reported income of $50k and spending of $58k, spending 116% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $88k to $50k (-43%), an average of -43% a year. The sharpest change came in the year to June 2024, when income dropped by 43%. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of New Falmouth Senior Center sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 28th percentile within MA. Charities of a similar size with the same main cause include Never Alone Foundation ($50k), Grafton Lions Charities Inc ($50k) and Northeast Accessible Golf Association Inc ($50k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 63% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.