First Presbyterian Church Of Schaghticoke
Small religious organization maintains stable assets with volunteer leadership and modest fluctuating revenues.
EIN: 146013990 · Providence, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $39K |
| Total Expenses | $5K |
| Program Spending | 90% |
| Net Assets | $29K |
| Transparency Score | 85/100 |
Is First Presbyterian Church Of Schaghticoke Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
First Presbyterian Church Of Schaghticoke directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About First Presbyterian Church Of Schaghticoke
First Presbyterian Church Of Schaghticoke (EIN: 146013990) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $39K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Presbyterian Church Of Schaghticoke's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Presbyterian Church Of Schaghticoke is a micro nonprofit that has been operating for 52 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $5K |
| Surplus / Deficit | $-1,496 |
| Total Assets | $29K |
| Total Liabilities | $1 |
| Net Assets | $29K |
| Operating Margin | -49.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 77.1 months |
Financial Health Grade: B
In 2019, First Presbyterian Church Of Schaghticoke reported a deficit of $1K with expenses exceeding revenue, holds 77.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2019), First Presbyterian Church Of Schaghticoke's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +29.8% | +160.5% | -5.2% |
| 2015 | +82.3% | -7.1% | +3.1% |
| 2014 | -64.1% | +13.7% | -1.1% |
| 2013 | +84.9% | +4.7% | +6.8% |
| 2012 | +29.3% | -2.4% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates First Presbyterian Church Of Schaghticoke with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, First Presbyterian Church Of Schaghticoke allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is entirely volunteer-led at the officer level, which is highly efficient for an organization of its small size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for First Presbyterian Church Of Schaghticoke:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency in this area.
- Stable asset base (around $28,000-$30,000) over multiple years, suggesting financial prudence.
- Low liabilities, with $1 reported in 201912 and $0 in other periods, indicating minimal debt.
Frequently Asked Questions about First Presbyterian Church Of Schaghticoke
Is First Presbyterian Church Of Schaghticoke a legitimate charity?
Based on AI analysis of IRS 990 filings, First Presbyterian Church Of Schaghticoke (EIN: 146013990) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does First Presbyterian Church Of Schaghticoke spend its money?
First Presbyterian Church Of Schaghticoke directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to First Presbyterian Church Of Schaghticoke tax-deductible?
First Presbyterian Church Of Schaghticoke is registered as a tax-exempt nonprofit (EIN: 146013990). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Presbyterian Church Of Schaghticoke located?
First Presbyterian Church Of Schaghticoke is headquartered in Providence, Rhode Island and files with the IRS under EIN 146013990.
How many years of IRS 990 filings does First Presbyterian Church Of Schaghticoke have?
First Presbyterian Church Of Schaghticoke has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $39K in total revenue.
Is First Presbyterian Church Of Schaghticoke a good charity?
Based on the available data, the organization appears to be a well-managed small religious entity, characterized by volunteer leadership and stable assets. Its lack of officer compensation suggests a high dedication of resources to its mission.
How does its spending efficiency compare to similar organizations?
With 0% officer compensation, its spending efficiency regarding leadership costs is excellent, likely outperforming many organizations that incur significant executive salaries. However, without detailed expense breakdowns, a full comparison of program efficiency is limited.
Filing History
IRS 990 filing history for First Presbyterian Church Of Schaghticoke showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), First Presbyterian Church Of Schaghticoke's revenue has grown by 103.3%, moving from $2K to $3K. Total assets increased by 4.5% over the same period, from $28K to $29K. Total functional expenses rose by 181.4%, from $2K to $5K. In its most recent filing year (2019), First Presbyterian Church Of Schaghticoke reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $29K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $3K | $5K | $29K | $1 | — | View 990 |
| 2015 | $2K | $2K | $31K | $0 | — | View 990 |
| 2014 | $1K | $2K | $30K | $0 | — | View 990 |
| 2013 | $4K | $2K | $30K | $0 | — | View 990 |
| 2012 | $2K | $2K | $28K | $0 | — | View 990 |
| 2011 | $2K | $2K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $3K, expenses of $5K, and assets of $29K (revenue +29.8% year-over-year).
- 2015: Revenue of $2K, expenses of $2K, and assets of $31K (revenue +82.3% year-over-year).
- 2014: Revenue of $1K, expenses of $2K, and assets of $30K (revenue -64.1% year-over-year).
- 2013: Revenue of $4K, expenses of $2K, and assets of $30K (revenue +84.9% year-over-year).
- 2012: Revenue of $2K, expenses of $2K, and assets of $28K (revenue +29.3% year-over-year).
- 2011: Revenue of $2K, expenses of $2K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Presbyterian Church Of Schaghticoke:
Data Sources and Methodology
This transparency report for First Presbyterian Church Of Schaghticoke is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.