F O C U S Greater Syracuse Inc

Analysis

F O C U S Greater Syracuse Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 O C U S Greater Syracuse Inc reported income of $145k and spending of $125k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $145k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, F O C U S Greater Syracuse Inc 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 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Summit-Hill Association ($145k), Rolla Regional Economic Commission ($145k) and West Side New Beginnings Inc ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.