Farmingdale Care Inc

Analysis

Farmingdale Care Inc is a registered charity in United States, based in N Massapequa, NY. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 June 2024, Farmingdale Care Inc reported income of $576k and spending of $722k, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $602k to $576k (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Farmingdale Care Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Parenting Time Center ($576k), The Immanuel Lutheran Church Foundation of Seymour Indiana Inc ($576k) and Canton Jewish Community Federation ($576k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $173k (24% of expenses). Other salaries and wages came to $418k. At year end it held assets of $209k against liabilities of $49k, net assets of $160k. It reported 64 employees.