Nick Finnegan Counseling Center Foundation

Analysis

Nick Finnegan Counseling Center Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, Nick Finnegan Counseling Center Foundation reported income of $581k and spending of $383k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $530k to $581k (+9.7%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nick Finnegan Counseling Center Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Building Bridges Foundation at Anderson Farm ($581k), Friends of Fisher House Charleston Inc ($581k) and Episcopal Center for Children ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $56k (15% of expenses). Other salaries and wages came to $90k. At year end it held assets of $1.1m against liabilities of $136k, net assets of $957k.