Transitional Services of New York for Long Island Inc

Analysis

Transitional Services of New York for Long Island Inc is a registered charity in United States, based in Brentwood, NY. It received its IRS tax-exemption ruling in August 1990, 36 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 (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, Transitional Services of New York for Long Island Inc reported income of $9.2m and spending of $8.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.3m to $9.2m (+27%), an average of +6.1% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Transitional Services of New York for Long Island Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Ahf-Central States Inc ($9.2m), Virgnia B Andes Volunteer Community Clinic Inc ($9.2m) and New Community Health Care Inc ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.3m (15% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $17.0m against liabilities of $1.9m, net assets of $15.0m. It reported 75 employees.