Rhode Island Association of Facilities for the Aging Education

Analysis

Rhode Island Association of Facilities for the Aging Education is a registered charity in United States, based in Wallingford, CT. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rhode Island Association of Facilities for the Aging Education reported income of $61k and spending of $55k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $61k (-5.5%), an average of -5.5% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rhode Island Association of Facilities for the Aging Education sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within CT. Charities of a similar size with the same main cause include Nishan Press Inc ($61k), Lilliputian Surgical Society ($61k) and Whitehall Skene Manor Preservation Incorporated ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 67% of the total. At year end it held assets of $21k against liabilities of $4,163, net assets of $17k.