Resources for Children with Special Needs Inc

Analysis

Resources for Children with Special Needs Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Resources for Children with Special Needs Inc reported income of $5.5m and spending of $5.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $5.5m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resources for Children with Special Needs Inc sits at the 91st percentile: it is larger than about 91% 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 The Arc Macon Inc ($5.5m), South Asian Youth Action Saya Inc ($5.5m) and The Childrens Home Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $575k (10% of expenses). Other salaries and wages came to $3.2m. It paid $12k in professional fundraising fees. At year end it held assets of $6.4m against liabilities of $3.3m, net assets of $3.1m. It reported 53 employees.