Planned Parenthood of Greater New York Inc

Analysis

Planned Parenthood of Greater New York Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1951, 75 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Planned Parenthood of Greater New York Inc reported income of $85.6m and spending of $103.0m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $57.9m to $85.6m (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 97%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Planned Parenthood of Greater New York Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Cheyenne County Hospital Association Inc ($85.6m), Swope Health Services ($85.6m) and Walnut Home Therapeutics Inc ($85.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $1.4m (1.4% of expenses). Other salaries and wages came to $43.5m. At year end it held assets of $212.0m against liabilities of $57.4m, net assets of $154.6m. It reported 688 employees.