Holy Family Home for Mothers and Children

Analysis

Holy Family Home for Mothers and Children is a registered charity in United States, based in N Providence, RI. It received its IRS tax-exemption ruling in December 2015, 11 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 June 2024, Holy Family Home for Mothers and Children reported income of $373k and spending of $375k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $157k to $373k (+138%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 124%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Holy Family Home for Mothers and Children sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within RI. Charities of a similar size with the same main cause include Sommerset Place ($373k), Lord Howe Estates Housing Development Fund Corporation ($373k) and Ridge Oak Management Inc ($373k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $180k. At year end it held assets of $672k against liabilities of $25k, net assets of $647k. It reported 9 employees.