F F T Senior Communities Inc

Analysis

F F T Senior Communities Inc is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, F F T Senior Communities Inc reported income of $6.8m and spending of $6.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.0m to $6.8m (+12%), an average of +3.0% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, F F T Senior Communities Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Just US 4 Youth ($6.8m), New Life Foster Family Agency ($6.8m) and Total Living Concept ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $20.0m against liabilities of $27.2m, net assets of -$7.2m. It reported 115 employees.