Eastern Group Psychotherapy Society Inc

Analysis

Eastern Group Psychotherapy Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Eastern Group Psychotherapy Society Inc reported income of $115k and spending of $211k, spending 184% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $177k to $115k (-35%), an average of -10% a year. The sharpest change came in the year to May 2023, when income dropped by 32%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Group Psychotherapy Society Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Changing Expectations Corp ($115k), Moores Memorial Library ($115k) and Maui Community Sailing Foundation ($115k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.