Finger Lakes Community Health Inc

Analysis

Finger Lakes Community Health Inc is a registered charity in United States, based in Penn Yan, NY. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover health care, 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, Finger Lakes Community Health Inc reported income of $31.3m and spending of $30.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.7m to $31.3m (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Finger Lakes Community Health Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Blackstone Valley Community Health Care Inc ($31.3m), Merakey Philadelphia ($31.3m) and Luminis Health Imaging Inc ($31.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $404k (1.3% of expenses). Other salaries and wages came to $12.4m. At year end it held assets of $24.5m against liabilities of $12.9m, net assets of $11.7m. It reported 286 employees.