Wings for Falmouth Families Inc

Analysis

Wings for Falmouth Families Inc is a registered charity in United States, based in Falmouth, MA. It received its IRS tax-exemption ruling in November 2011, 15 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 December 2023, Wings for Falmouth Families Inc reported income of $148k and spending of $86k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $148k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wings for Falmouth Families Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Corries House ($148k), Smelter City Family Development Center ($148k) and Hobart Food Pantry Incorporated ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $641k against liabilities of $503, net assets of $641k.