New York District Council CRPNTRS Apprntcshp Jrnymn Retraing Educa

Analysis

New York District Council CRPNTRS Apprntcshp Jrnymn Retraing Educa is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1967, 59 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 District Council CRPNTRS Apprntcshp Jrnymn Retraing Educa reported income of $13.3m and spending of $15.5m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.3m to $13.3m (-23%), an average of -6.4% a year. The sharpest change came in the year to June 2020, when income dropped by 19%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New York District Council CRPNTRS Apprntcshp Jrnymn Retraing Educa sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Southwest Initiative Foundation ($13.3m), Greater Lake City Alliance ($13.3m) and South Central Missouri Community Action Agency ($13.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $257k (1.7% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $39.5m against liabilities of $10.9m, net assets of $28.6m. It reported 64 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.