Falls Diverse Abilities Corporation

Analysis

Falls Diverse Abilities Corporation is a registered charity in United States, based in Thief RVR FLS, MN. It received its IRS tax-exemption ruling in June 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Falls Diverse Abilities Corporation reported income of $1.0m and spending of $1.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $790k to $1.0m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Falls Diverse Abilities Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Fairshare Csa Coalition Inc ($1.0m), Divine Touch Cila Homes NFP ($1.0m) and Farmers and Hunters Feeding the Hungry Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Other salaries and wages came to $622k. At year end it held assets of $423k against liabilities of $45k, net assets of $378k. It reported 20 employees.