Center for Alternative Sentencing and Employment Services Inc

Analysis

Center for Alternative Sentencing and Employment Services Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1972, 54 years ago. 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, Center for Alternative Sentencing and Employment Services Inc reported income of $53.6m and spending of $55.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.5m to $53.6m (+110%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Alternative Sentencing and Employment Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Delaware Valley Community Health Inc ($53.4m), Community Health Care Inc ($53.7m) and Community Solutions for Children Families and Individuals ($53.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $1.1m (2.0% of expenses). Other salaries and wages came to $32.1m. At year end it held assets of $40.4m against liabilities of $37.2m, net assets of $3.2m. It reported 834 employees.