Guild for Exceptional Children

Analysis

Guild for Exceptional Children is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Guild for Exceptional Children reported income of $36.4m and spending of $35.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.5m to $36.4m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guild for Exceptional Children sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Ingleside Presbyterian Retirement Community Inc ($36.4m), Oswego County Opportunities Inc ($36.4m) and Whitney Center Inc ($36.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $572k (1.6% of expenses). Other salaries and wages came to $21.8m. At year end it held assets of $29.8m against liabilities of $15.5m, net assets of $14.3m. It reported 733 employees.