Focus Churches of Albany Inc

Analysis

Focus Churches of Albany Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in July 2004, 22 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, Focus Churches of Albany Inc reported income of $595k and spending of $622k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $595k (+129%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Focus Churches of Albany Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Southeastern Oklahoma Services for Family Violence Intervention Inc ($595k), Cardiff Orthodox Housing Foundation ($595k) and Aaron McNeil House Inc ($594k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $66k (11% of expenses). Other salaries and wages came to $153k. At year end it held assets of $301k against liabilities of $0, net assets of $301k. It reported 16 employees.