Center for the Women of New York

Analysis

Center for the Women of New York is a registered charity in United States, based in Kew Gardens, NY. It received its IRS tax-exemption ruling in May 1991, 35 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, Center for the Women of New York reported income of $94k and spending of $111k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $94k (+164%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 130% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for the Women of New York sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Mercy Ministries Inc ($94k), Respect360 Inc ($94k) and Snow Family Foundation Inc ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. Compensation of current officers, directors and key employees was $6,526 (5.9% of expenses). At year end it held assets of $330k against liabilities of $21k, net assets of $309k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.