Francis House Inc
Francis House Inc consistently generates significant surpluses, growing assets to $58 million with no reported officer compensation.
EIN: 161585910 · Syracuse, NY · NTEE: P74 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.0M |
| Total Expenses | $3.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $58 |
| Net Assets | $57.9M |
| Transparency Score | 90/100 |
Is Francis House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Francis House Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Francis House Inc
Francis House Inc (EIN: 161585910) is a nonprofit organization based in Syracuse, NY, classified under NTEE code P74. The organization reported total revenue of $22.0M and total assets of $66.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Francis House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Francis House Inc is a large nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $58.2M |
| Total Liabilities | $330K |
| Net Assets | $57.9M |
| Operating Margin | 28.7% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 197.1 months |
Financial Health Grade: A
In 2023, Francis House Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 197.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Francis House Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.5% | +23.3% | +12.5% |
| 2022 | +4.8% | +12.5% | -13.3% |
| 2021 | +93.6% | +7.1% | +31.7% |
| 2020 | +0.7% | +13.2% | +18.0% |
| 2019 | +9.9% | +1.1% | +16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Francis House Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Francis House Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is highly unusual for an organization of this size with assets reaching $58 million. This either indicates a fully volunteer executive leadership or that compensation is structured in a way that falls below the standard reporting thresholds for officers, warranting further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Francis House Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further scrutiny regarding full executive compensation disclosure.
Strengths
The following positive indicators were identified for Francis House Inc:
- Strong financial health with consistent operating surpluses across all reported periods (e.g., $4,972,684 revenue vs. $3,543,651 expenses in 2023).
- Significant and consistent asset growth, from $22.4 million in 2014 to $58.2 million in 2023, indicating robust financial management and sustainability.
- Low liabilities relative to assets (e.g., $329,641 liabilities vs. $58,197,778 assets in 2023), demonstrating strong solvency.
- Consistent filing of IRS Form 990s over 12 periods, indicating a commitment to regulatory compliance and transparency.
Frequently Asked Questions about Francis House Inc
Is Francis House Inc a legitimate charity?
Francis House Inc (EIN: 161585910) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $22.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Francis House Inc spend its money?
Francis House Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Francis House Inc tax-deductible?
Francis House Inc is registered as a tax-exempt nonprofit (EIN: 161585910). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Francis House Inc CEO make?
Francis House Inc's highest-compensated officer earns $58 annually. The organization reported $22.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Francis House Inc's spending goes to programs?
Francis House Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Francis House Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Francis House Inc is above average for NTEE category P74 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Francis House Inc located?
Francis House Inc is headquartered in Syracuse, New York and files with the IRS under EIN 161585910. It is classified under NTEE code P74.
How many years of IRS 990 filings does Francis House Inc have?
Francis House Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $22.0M in total revenue.
How does Francis House Inc manage to report 0% officer compensation despite its significant size and asset base?
The consistent reporting of 0% officer compensation across all 12 filings for an organization with assets of $58 million (2023) is highly unusual. This could mean that executive leadership is entirely volunteer-based, or that compensation is paid through a related entity or structured in a way that does not trigger standard officer compensation reporting on the 990. Further investigation into the full compensation structure for key management personnel would be necessary to understand this.
What are the specific program, administrative, and fundraising expense ratios for Francis House Inc?
The provided summary data does not break down expenses into program, administrative, and fundraising categories. While the organization consistently operates with a surplus (e.g., $4,972,684 revenue vs. $3,543,651 expenses in 2023), a detailed look at the full IRS 990 forms would be needed to determine these specific ratios and assess spending efficiency more precisely.
What is the primary source of Francis House Inc's significant revenue fluctuations, such as the jump from $5 million in 2020 to $10 million in 2022?
Francis House Inc has experienced notable revenue fluctuations, including a significant increase from $5,051,231 in 2020 to $10,252,870 in 2022, and then a decrease to $4,972,684 in 2023. Understanding the specific sources of these revenues (e.g., grants, donations, program service fees, investment income) and the reasons for their variability would provide insight into the organization's funding stability and strategy.
Filing History
IRS 990 filing history for Francis House Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Francis House Inc's revenue has grown by 71.4%, moving from $2.9M to $5.0M. Total assets increased by 250.8% over the same period, from $16.6M to $58.2M. Total functional expenses rose by 150%, from $1.4M to $3.5M. In its most recent filing year (2023), Francis House Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $330K in liabilities against $58.2M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $57.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $3.5M | $58.2M | $330K | — | View 990 |
| 2022 | $10.3M | $2.9M | $51.7M | $318K | — | View 990 |
| 2021 | $9.8M | $2.6M | $59.6M | $188K | — | View 990 |
| 2020 | $5.1M | $2.4M | $45.3M | $479K | — | View 990 |
| 2019 | $5.0M | $2.1M | $38.4M | $203K | — | View 990 |
| 2018 | $4.6M | $2.1M | $33.0M | $209K | — | View 990 |
| 2017 | $3.9M | $1.9M | $29.1M | $205K | — | View 990 |
| 2016 | $3.2M | $1.9M | $25.4M | $169K | — | View 990 |
| 2015 | $3.3M | $1.7M | $24.2M | $174K | — | View 990 |
| 2014 | $4.1M | $1.5M | $22.4M | $167K | — | View 990 |
| 2013 | $3.4M | $1.5M | $18.7M | $140K | — | View 990 |
| 2012 | $2.9M | $1.4M | $16.6M | $120K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $3.5M, and assets of $58.2M (revenue -51.5% year-over-year).
- 2022: Revenue of $10.3M, expenses of $2.9M, and assets of $51.7M (revenue +4.8% year-over-year).
- 2021: Revenue of $9.8M, expenses of $2.6M, and assets of $59.6M (revenue +93.6% year-over-year).
- 2020: Revenue of $5.1M, expenses of $2.4M, and assets of $45.3M (revenue +0.7% year-over-year).
- 2019: Revenue of $5.0M, expenses of $2.1M, and assets of $38.4M (revenue +9.9% year-over-year).
- 2018: Revenue of $4.6M, expenses of $2.1M, and assets of $33.0M (revenue +17.1% year-over-year).
- 2017: Revenue of $3.9M, expenses of $1.9M, and assets of $29.1M (revenue +23.4% year-over-year).
- 2016: Revenue of $3.2M, expenses of $1.9M, and assets of $25.4M (revenue -5.5% year-over-year).
- 2015: Revenue of $3.3M, expenses of $1.7M, and assets of $24.2M (revenue -18.4% year-over-year).
- 2014: Revenue of $4.1M, expenses of $1.5M, and assets of $22.4M (revenue +19.9% year-over-year).
- 2013: Revenue of $3.4M, expenses of $1.5M, and assets of $18.7M (revenue +17.6% year-over-year).
- 2012: Revenue of $2.9M, expenses of $1.4M, and assets of $16.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Francis House Inc:
Data Sources and Methodology
This transparency report for Francis House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.