Counseling Service of E D Ny Inc

Analysis

Counseling Service of E D Ny Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Counseling Service of E D Ny Inc reported income of $5.2m and spending of $6.4m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.4m to $5.2m (-44%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 42%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Counseling Service of E D Ny Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Colorado Community Managed Care Network ($5.2m), Mental Health Leadership Initiative Inc ($5.2m) and Healthcare Anchor Network Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $2.8m against liabilities of $1.2m, net assets of $1.6m. It reported 130 employees.