Central Falls Fam Self Sufficiency Foundation

Analysis

Central Falls Fam Self Sufficiency Foundation is a registered charity in United States, based in Central Falls, RI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover employment, 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 September 2023, Central Falls Fam Self Sufficiency Foundation reported income of $120k and spending of $54k, leaving 55% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income fell from $262k to $120k (-54%), an average of -32% a year. The sharpest change came in the year to September 2023, when income dropped by 47%. Over the whole period it spent 51% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Falls Fam Self Sufficiency Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 37th percentile within RI. Charities of a similar size with the same main cause include Greater Gardiner Community Council ($120k), Virginia-Highland Security Patrol Inc ($120k) and Batiste Organization ($120k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $415k against liabilities of $28k, net assets of $387k.