F F Thompson Hospital Foundation Inc

Analysis

F F Thompson Hospital Foundation Inc is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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 F Thompson Hospital Foundation Inc reported income of $5.4m and spending of $6.6m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $5.4m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 146%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, F F Thompson Hospital Foundation Inc sits at the 92nd percentile: it is larger than about 92% 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 Endowment Fund of the Grand Chap of Calif Order of the Eastern Star ($5.4m), St Helena Montessori School Inc ($5.4m) and Glow Young Mens Christian Association Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $186k. At year end it held assets of $18.0m against liabilities of $1.5m, net assets of $16.5m. It reported 4 employees.