American Psychoanalytic Association

Analysis

American Psychoanalytic Association is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1952, 74 years ago. 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 August 2023, American Psychoanalytic Association reported income of $4.0m and spending of $3.2m, spending 81% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.1m to $4.0m (+30%), an average of +6.7% a year. The sharpest change came in the year to August 2022, when income rose by 58%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Psychoanalytic Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Frannie Peabody Center Inc ($4.0m), North Suburban Young Mens Christian Association ($4.0m) and Linn Community Nursing Home Inc ($4.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $330k (10% of expenses). Other salaries and wages came to $811k. At year end it held assets of $9.2m against liabilities of $1.5m, net assets of $7.7m. It reported 13 employees.