North Smithfield Heritage Association

Analysis

North Smithfield Heritage Association is a registered charity in United States, based in Slatersville, RI. It received its IRS tax-exemption ruling in May 1976, 50 years ago. 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, North Smithfield Heritage Association reported income of $52k and spending of $74k, spending 143% of what it took in. Across the 2 years on record, from April 2023 to December 2023, income fell from $127k to $52k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Smithfield Heritage Association sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within RI. Charities of a similar size with the same main cause include Erhard M Bruhns Foundation Inc ($52k), New Jersey Black Issues Convention Inc ($52k) and Jump on Board for Success ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 19% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.