Farnham Inc

Analysis

Farnham Inc is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover mental health and crisis intervention, 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, Farnham Inc reported income of $9.3m and spending of $9.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.7m to $9.3m (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Farnham Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Partners for Health Inc ($9.3m), Aces for Autism ($9.3m) and Little Sisters of the Poor Home for the Aged Inc ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $565k (6.3% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $3.3m against liabilities of $2.5m, net assets of $804k. It reported 134 employees.