Addabbo Center Future Home Inc

Analysis

Addabbo Center Future Home Inc is a registered charity in United States, based in Arverne, NY. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Addabbo Center Future Home Inc reported income of $544k and spending of $310k, leaving 43% of income unspent that year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 16% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Addabbo Center Future Home Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Clear Creek Counseling Center ($544k), Being Alive-San Diego ($544k) and Georgia Prevention Project Inc ($544k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25.3m against liabilities of $20.8m, net assets of $4.5m.