Seven Cray Street Realty Corporation

Analysis

Seven Cray Street Realty Corporation is a registered charity in United States, based in Cumberland, RI. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Seven Cray Street Realty Corporation reported income of $133k and spending of $105k, leaving 21% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $90k to $133k (+47%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 99% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Seven Cray Street Realty Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within RI. Charities of a similar size with the same main cause include Covington Volunteer Fire Department ($133k), Cencora Team Assistance Fund ($133k) and Springettsbury Township Volunteer Fire Company ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 81% of the total. At year end it held assets of $147k against liabilities of $172k, net assets of -$25k.