Finger Lakes Thoroughbred Adoption Program Inc

Analysis

Finger Lakes Thoroughbred Adoption Program Inc is a registered charity in United States, based in Farmington, NY. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Thoroughbred Adoption Program Inc reported income of $215k and spending of $196k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $215k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Finger Lakes Thoroughbred Adoption Program Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Paws ($215k), Stop the Overpopulation of Pets Inc ($215k) and Spay Asap Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Other salaries and wages came to $67k. At year end it held assets of $479k against liabilities of $2,026, net assets of $477k. It reported 11 employees.