Finger Lakes Regional Tourism Council Inc

Analysis

Finger Lakes Regional Tourism Council Inc is a registered charity in United States, based in Pittsford, NY. It received its IRS tax-exemption ruling in November 1959, 67 years ago. 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 December 2023, Finger Lakes Regional Tourism Council Inc reported income of $1.1m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $877k to $1.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Finger Lakes Regional Tourism Council Inc 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 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Womens Center ($1.1m), Cairnwood Village Inc ($1.1m) and City Limits News Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. At year end it held assets of $535k against liabilities of $93k, net assets of $442k.