Finger Lakes Health Foundation Inc

Analysis

Finger Lakes Health Foundation Inc is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Finger Lakes Health Foundation Inc reported income of $7.0m and spending of $4.8m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $7.0m (+144%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 117% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Finger Lakes Health Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Clearwater Free Clinic Inc ($7.0m), Suicide Prevention and Crisis Service Inc ($7.0m) and Jeffhome NJ LLC ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% of the total. Other salaries and wages came to $108k. At year end it held assets of $41.6m against liabilities of $12.3m, net assets of $29.4m.