Ossining Childrens Center Inc

Analysis

Ossining Childrens Center Inc is a registered charity in United States, based in Ossining, NY. It received its IRS tax-exemption ruling in August 1950, 76 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 June 2023, Ossining Childrens Center Inc reported income of $6.0m and spending of $4.0m, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.0m to $6.0m (+52%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ossining Childrens Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Peninsula Volunteers Inc ($6.0m), Lyngblomsten Services Inc ($6.0m) and Cooperative Ministry ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $119k (2.9% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $21.4m against liabilities of $161k, net assets of $21.3m. It reported 88 employees.