Common Fence Point Improvement Association

Analysis

Common Fence Point Improvement Association is a registered charity in United States, based in Portsmouth, RI. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Common Fence Point Improvement Association reported income of $90k and spending of $116k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $343k to $90k (-74%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 61% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Common Fence Point Improvement Association sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within RI. Charities of a similar size with the same main cause include Dream Catcher ($90k), Cornerstone Apartments Inc ($90k) and Englewood Housing Management Services Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.