Francis House Inc

Analysis

Francis House Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in June 2000, 26 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 June 2023, Francis House Inc reported income of $5.0m and spending of $3.5m, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.1m to $5.0m (-1.6%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Francis House Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Little Red Hen Nursery Inc ($5.0m), Horizons a Family Service Alliance ($5.0m) and Jewish Community Project of Lower Manhattan ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $125k (3.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $58.2m against liabilities of $330k, net assets of $57.9m. It reported 73 employees.