American Group Psychotherapy Assn Inc
Analysis
American Group Psychotherapy Assn Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1957, 69 years ago. Its declared purposes cover education, which this site groups under education and training. 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, American Group Psychotherapy Assn Inc reported income of $1.5m and spending of $1.7m, spending 108% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.5m (-8.3%), an average of -2.8% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, American Group Psychotherapy Assn Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include T2 Honors Academy ($1.5m), 1065 Institute Inc ($1.5m) and National Digital Equity Center ($1.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 55% of the total. At year end it held assets of $2.5m against liabilities of $1.6m, net assets of $862k.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 55%
- Other 4.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| T2 Honors Academy | Warrensvl HTS | $1.5m |
| 1065 Institute Inc | Nashville | $1.5m |
| National Digital Equity Center | Wiscasset | $1.5m |
| Aerospace Center for Excellence Inc | Lakeland | $1.5m |