Finger Lakes Building Officials Association

Analysis

Finger Lakes Building Officials Association is a registered charity in United States, based in Penfield, NY. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Building Officials Association reported income of $119k and spending of $110k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $119k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Finger Lakes Building Officials Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Christian Vocation Project of Memorial Episcopal Church Inc ($119k), Ohio Association of Student Financial Aid Administrators ($119k) and Edmondson Elementary School Parents & Teachers Organization ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $189k against liabilities of $872, net assets of $188k.