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American Group Psychotherapy Assn Inc

RegisteredEIN 13-1876348New York, NYEducation and training
Income$1.5m2023-06
Spending$1.7msame year
Spent / received102%4-year average
Size in its cause80th pctEducation and training
Exempt since1957Publicly supported organisat
Employees0latest return

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

$0$473k$947k$1.4m$1.9m2019 Income: $1,682,5992019 Spending: $1,646,53320192020 Income: $1,462,7922020 Spending: $1,754,60020202021 Income: $1,893,3392021 Spending: $1,637,85520212023 Income: $1,543,1102023 Spending: $1,661,8972023
IncomeSpending

Where the income comes from

  • Contributions & grants 40%
  • Program services 55%
  • Other 4.9%

Similar-sized charities, same cause

CharityLocationIncome
T2 Honors AcademyWarrensvl HTS$1.5m
1065 Institute IncNashville$1.5m
National Digital Equity CenterWiscasset$1.5m
Aerospace Center for Excellence IncLakeland$1.5m