F F Thompson Health System Inc

Analysis

F F Thompson Health System 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, F F Thompson Health System Inc reported income of $5.3m and spending of $5.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.7m to $5.3m (+12%), an average of +2.8% a year. Over the whole period it spent 97% 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 Health System 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 Jefferson Hills Corporation ($5.3m), Howard Training Center ($5.3m) and End Domestic Abuse Wisconsin the Wisconsin Coalition Against Domest ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $2.2m (42% of expenses). Other salaries and wages came to $874k. At year end it held assets of $6.4m against liabilities of $3.3m, net assets of $3.1m. It reported 19 employees.