New York Psychoanalytic Support Corporation

Analysis

New York Psychoanalytic Support Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1986, 40 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New York Psychoanalytic Support Corporation reported income of $99k and spending of $272k, spending 276% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $366k to $99k (-73%), an average of -28% a year. The sharpest change came in the year to June 2023, when income dropped by 71%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Psychoanalytic Support Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($99k), Wayzata-Plymouth Meals on Wheels Inc ($99k) and Christian Helplines Inc ($99k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 21% of the total. Other salaries and wages came to $224k. At year end it held assets of $6.0m against liabilities of $1.0m, net assets of $5.0m. It reported 7 employees.