Seneca Diabetes Foundation

Analysis

Seneca Diabetes Foundation is a registered charity in United States, based in Irving, NY. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover medical research, 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, Seneca Diabetes Foundation reported income of $167k and spending of $232k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $353k to $167k (-53%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 41%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seneca Diabetes Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Lending Hearts ($167k), Recovery Without Walls Inc ($168k) and Tennessee Rheumatology Society ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. Compensation of current officers, directors and key employees was $98k (42% of expenses). At year end it held assets of $3.4m against liabilities of $40k, net assets of $3.3m.