For Our Communities
Analysis
For Our Communities is a registered charity in United States, based in Wellesley, MA. It received its IRS tax-exemption ruling in March 2012, 14 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 September 2023, For Our Communities reported income of $260k and spending of $369k, spending 142% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $260k to $260k (-0.0%), an average of +-0.0% a year. Over the whole period it spent 126% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, For Our Communities sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include House Everyone STL ($260k), Son Shine Light House Ministries ($260k) and Carter House Inc ($260k).
On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.8m against liabilities of $1.8m, net assets of -$5,889.
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.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| House Everyone STL | Saint Louis | $260k |
| Son Shine Light House Ministries | Overton | $260k |
| Carter House Inc | Los Angeles | $260k |
| Western Reserve Housing Development Corporation | Warren | $260k |