Confac Group Homes Inc

Analysis

Confac Group Homes Inc is a registered charity in United States, based in Webster, NY. It received its IRS tax-exemption ruling in June 1982, 44 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 December 2023, Confac Group Homes Inc reported income of $184k and spending of $193k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $184k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Confac Group Homes Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Example Academy Inc-Nfp ($184k), Exodus Ministries ($184k) and Bi-Stone Casa ($184k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $243k against liabilities of $238k, net assets of $4,275.