Cayuga Home for Children

Analysis

Cayuga Home for Children is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in May 1943, 83 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Cayuga Home for Children reported income of $144.8m and spending of $148.6m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $95.2m to $144.8m (+52%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cayuga Home for Children sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Community Eldercare of San Diego ($144.0m), Nysarc Inc ($145.8m) and Harvesters-The Community Food Network ($143.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $1.8m (1.2% of expenses). Other salaries and wages came to $76.4m. At year end it held assets of $71.6m against liabilities of $54.7m, net assets of $16.9m. It reported 1,591 employees.