Family Promise of Ontario County Inc

Analysis

Family Promise of Ontario County Inc is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Family Promise of Ontario County Inc reported income of $656k and spending of $503k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $656k (+256%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Family Promise of Ontario County Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Haight Street Senior Housing Inc ($656k), Southampton Housing for the Elderly Inc ($657k) and Ft Washington Adventist Apartments Inc ($656k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $265k. At year end it held assets of $385k against liabilities of $100k, net assets of $285k. It reported 8 employees.