Finger Lakes Canners Inc

Analysis

Finger Lakes Canners Inc is a registered charity in United States, based in Phelps, NY. It received its IRS tax-exemption ruling in April 2016, 10 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, Finger Lakes Canners Inc reported income of $71k and spending of $51k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $71k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Finger Lakes Canners Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include H O P E America Inc ($71k), Caledonia Area Community Charities Inc ($71k) and White House Village Residents Association ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.