Finger Lakes Performing Provider System Inc

Analysis

Finger Lakes Performing Provider System Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover health care, 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 March 2023, Finger Lakes Performing Provider System Inc reported income of $18.0m and spending of $16.5m, spending 92% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $79.0m to $18.0m (-77%), an average of -31% a year. The sharpest change came in the year to March 2023, when income dropped by 73%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Finger Lakes Performing Provider System Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Houchin Community Blood Bank ($18.0m), Chesapeake Regional Medical Group ($18.0m) and Maternity Care Coalition ($18.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 86% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $962k (5.8% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $31.2m against liabilities of $23.5m, net assets of $7.8m. It reported 53 employees.