Presbyterian Homes Foundation Inc C/O Tobin and Dempf

Analysis

Presbyterian Homes Foundation Inc C/O Tobin and Dempf is a registered charity in United States, based in New Hartford, NY. It received its IRS tax-exemption ruling in June 1986, 40 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, Presbyterian Homes Foundation Inc C/O Tobin and Dempf reported income of $221k and spending of $65k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $758k to $221k (-71%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presbyterian Homes Foundation Inc C/O Tobin and Dempf sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Chateau Baton Rouge Inc ($221k), PTA Texas Congress ($221k) and Wheelwright Musueum Foundation ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $2.5m against liabilities of $4,726, net assets of $2.5m.