Mayor Charles Lombardis Holiday Charitable and Scholarship Fund

Analysis

Mayor Charles Lombardis Holiday Charitable and Scholarship Fund is a registered charity in United States, based in N Providence, RI. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Mayor Charles Lombardis Holiday Charitable and Scholarship Fund reported income of $56k and spending of $35k, leaving 37% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $17k to $56k (+233%), an average of +233% a year. The sharpest change came in the year to June 2023, when income rose by 233%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mayor Charles Lombardis Holiday Charitable and Scholarship Fund sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within RI. Charities of a similar size with the same main cause include Rosemount Beyond the Yellow Ribbon ($56k), Mid-America American Studies Association ($56k) and Georgia Extension 4-H Foundation ($56k).

At year end it held assets of $57k against liabilities of $0, net assets of $57k.