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National Institute for the Psychotherapies Training Institute

RegisteredEIN 13-2764717New York, NYHealth and saving lives
Income$2.9m2024-06
Spending$3.2msame year
Spent / received110%6-year average
Size in its cause75th pctHealth and saving lives
Exempt since1974School
Employees33latest return

Analysis

National Institute for the Psychotherapies Training Institute is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2024, National Institute for the Psychotherapies Training Institute reported income of $2.9m and spending of $3.2m, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.5m to $2.9m (+16%), an average of +3.1% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, National Institute for the Psychotherapies Training Institute sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Che Center for Health Empowerment ($2.9m), The Katie Blessing Foundation ($2.9m) and Tennessee Hospital Education & Research Foundation Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.8% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $191k (5.9% of expenses). Other salaries and wages came to $740k. At year end it held assets of $8.6m against liabilities of $8.5m, net assets of $88k. It reported 33 employees.

Income and spending

$0$869k$1.7m$2.6m$3.5m2019 Income: $2,487,9442019 Spending: $2,653,81520192020 Income: $2,719,7612020 Spending: $3,476,43420202021 Income: $2,745,8402021 Spending: $2,670,95620212022 Income: $2,892,5832022 Spending: $2,873,73820222023 Income: $2,543,8042023 Spending: $3,004,81520232024 Income: $2,895,4402024 Spending: $3,242,6552024
IncomeSpending

Where the income comes from

  • Contributions & grants 5.8%
  • Program services 83%
  • Other 11%

Similar-sized charities, same cause

CharityLocationIncome
Che Center for Health EmpowermentAustin$2.9m
The Katie Blessing FoundationCharlotte$2.9m
Tennessee Hospital Education & Research Foundation IncBrentwood$2.9m
Cerebral Palsy Alliance Research FoundationNew York$2.9m