Good Shepherd-Fairview Home Inc

Analysis

Good Shepherd-Fairview Home Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in September 1969, 57 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Good Shepherd-Fairview Home Inc reported income of $11.8m and spending of $13.6m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.4m to $11.8m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income dropped by 15%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Good Shepherd-Fairview Home Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Presbyterian Homes Hospice Inc ($11.8m), Pulmonary Fibrosis Foundation ($11.8m) and Health Ventures ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $144k (1.1% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $6.8m against liabilities of $5.4m, net assets of $1.5m. It reported 336 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.