Cayuga-Syracuse Presbytery Home for the Elderly

Analysis

Cayuga-Syracuse Presbytery Home for the Elderly is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in August 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cayuga-Syracuse Presbytery Home for the Elderly reported income of $1.4m and spending of $1.5m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.4m (+27%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cayuga-Syracuse Presbytery Home for the Elderly sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Child Care Center Association of Evanston Inc ($1.4m), Area Congregations in Ministry ($1.4m) and Union Capital Boston Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $67k (4.6% of expenses). Other salaries and wages came to $859k. At year end it held assets of $1.6m against liabilities of $212k, net assets of $1.4m. It reported 52 employees.