Holy Family Home For Mothers And Children
EIN: 474758057 · N Providence, RI · NTEE: L41
| Metric | Value |
|---|---|
| Total Revenue | $401K |
| Total Expenses | $375K |
| Net Assets | $647K |
Is Holy Family Home For Mothers And Children Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holy Family Home For Mothers And Children
Holy Family Home For Mothers And Children (EIN: 474758057) is a nonprofit organization based in N Providence, RI, classified under NTEE code L41. The organization reported total revenue of $401K and total assets of $618K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holy Family Home For Mothers And Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holy Family Home For Mothers And Children is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2016–2024). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $373K |
| Total Expenses | $375K |
| Surplus / Deficit | $-1,647 |
| Total Assets | $672K |
| Total Liabilities | $25K |
| Net Assets | $647K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 21.5 months |
Financial Health Grade: B
In 2024, Holy Family Home For Mothers And Children reported a deficit of $2K with expenses exceeding revenue, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 9 years of filings (2016–2024), Holy Family Home For Mothers And Children's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -27.1% | -4.9% | +3.6% |
| 2023 | +45.8% | +39.1% | +22.3% |
| 2022 | +96.9% | -0.6% | +14.0% |
| 2021 | +13.7% | +3.5% | -18.5% |
| 2020 | -56.6% | +37.6% | -19.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holy Family Home For Mothers And Children has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Holy Family Home For Mothers And Children with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.7%.
Frequently Asked Questions about Holy Family Home For Mothers And Children
Is Holy Family Home For Mothers And Children a legitimate charity?
Holy Family Home For Mothers And Children (EIN: 474758057) is a registered tax-exempt nonprofit based in Rhode Island. It has 9 years of IRS 990 filings on record. Total revenue: $401K. No red flags identified. Financial health grade: B.
How does Holy Family Home For Mothers And Children spend its money?
Holy Family Home For Mothers And Children reported $401K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Holy Family Home For Mothers And Children tax-deductible?
Holy Family Home For Mothers And Children is registered as a tax-exempt nonprofit (EIN: 474758057). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holy Family Home For Mothers And Children located?
Holy Family Home For Mothers And Children is headquartered in N Providence, Rhode Island and files with the IRS under EIN 474758057. It is classified under NTEE code L41.
How many years of IRS 990 filings does Holy Family Home For Mothers And Children have?
Holy Family Home For Mothers And Children has 9 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 $401K in total revenue.
Filing History
IRS 990 filing history for Holy Family Home For Mothers And Children showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2016–2024), Holy Family Home For Mothers And Children's revenue has grown by 28.8%, moving from $290K to $373K. Total assets increased by 217.7% over the same period, from $211K to $672K. Total functional expenses rose by 359.1%, from $82K to $375K. In its most recent filing year (2024), Holy Family Home For Mothers And Children reported a deficit of $2K, with expenses exceeding revenue. The organization holds $25K in liabilities against $672K in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $647K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $373K | $375K | $672K | $25K | — | — |
| 2023 | $512K | $394K | $648K | $0 | — | View 990 |
| 2022 | $351K | $283K | $530K | $0 | — | View 990 |
| 2021 | $179K | $285K | $465K | $3K | — | — |
| 2020 | $157K | $276K | $571K | $2K | — | View 990 |
| 2019 | $362K | $200K | $707K | $20K | — | View 990 |
| 2018 | $320K | $177K | $548K | $21K | — | View 990 |
| 2017 | $309K | $134K | $387K | $4K | — | View 990 |
| 2016 | $290K | $82K | $211K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $373K, expenses of $375K, and assets of $672K (revenue -27.1% year-over-year).
- 2023: Revenue of $512K, expenses of $394K, and assets of $648K (revenue +45.8% year-over-year).
- 2022: Revenue of $351K, expenses of $283K, and assets of $530K (revenue +96.9% year-over-year).
- 2021: Revenue of $179K, expenses of $285K, and assets of $465K (revenue +13.7% year-over-year).
- 2020: Revenue of $157K, expenses of $276K, and assets of $571K (revenue -56.6% year-over-year).
- 2019: Revenue of $362K, expenses of $200K, and assets of $707K (revenue +13.1% year-over-year).
- 2018: Revenue of $320K, expenses of $177K, and assets of $548K (revenue +3.5% year-over-year).
- 2017: Revenue of $309K, expenses of $134K, and assets of $387K (revenue +6.6% year-over-year).
- 2016: Revenue of $290K, expenses of $82K, and assets of $211K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holy Family Home For Mothers And Children:
Data Sources and Methodology
This transparency report for Holy Family Home For Mothers And Children 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.