Central Falls Children S Foundation

Analysis

Central Falls Children S Foundation is a registered charity in United States, based in Central Falls, RI. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Central Falls Children S Foundation reported income of $1.6m and spending of $902k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $755k to $1.6m (+117%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Falls Children S Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within RI. Charities of a similar size with the same main cause include Ocular Immunology and Uveitis Foundation Inc ($1.6m), Kids Counseling Inc ($1.6m) and Makana O Ke Akua Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $611k. At year end it held assets of $1.2m against liabilities of $255k, net assets of $986k. It reported 3 employees.