Educational Center for New Americans Inc

Analysis

Educational Center for New Americans Inc is a registered charity in United States, based in Rego Park, NY. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Educational Center for New Americans Inc reported income of $276k and spending of $161k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $276k (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Educational Center for New Americans Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Hope and Grace International ($276k), Universal Promise ($276k) and Christian Hands in Action Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1.7m against liabilities of $172k, net assets of $1.6m.