Powerful First Experiences

Analysis

Powerful First Experiences is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Powerful First Experiences reported income of $86k and spending of $118k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $86k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 145% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Powerful First Experiences sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within RI. Charities of a similar size with the same main cause include Right Tree ($86k), Operation CR Inc ($86k) and Summer Festival Camp ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.