Farmington Ecumenical Elderly Housing Corporation

Analysis

Farmington Ecumenical Elderly Housing Corporation is a registered charity in United States, based in Unionville, CT. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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, Farmington Ecumenical Elderly Housing Corporation reported income of $1.0m and spending of $994k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $880k to $1.0m (+16%), an average of +3.8% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Farmington Ecumenical Elderly Housing Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include Roxbury Home for Aged Women ($1.0m), Scottish Rite Childhood Language Center ($1.0m) and Russel Hill Cancer Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $135k. At year end it held assets of $2.6m against liabilities of $1.6m, net assets of $970k.