Franklin County Community Housing Council Inc

Analysis

Franklin County Community Housing Council Inc is a registered charity in United States, based in Malone, NY. It received its IRS tax-exemption ruling in March 1981, 45 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, Franklin County Community Housing Council Inc reported income of $837k and spending of $934k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $747k to $837k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 29%. 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, Franklin County Community Housing Council Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include National Maritime Historical Society ($837k), Manatee Education Foundation Inc ($837k) and Virginia Waring International Piano Competition ($837k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $85k (9.1% of expenses). Other salaries and wages came to $358k. At year end it held assets of $645k against liabilities of $99k, net assets of $546k. It reported 14 employees.