Prisoners Legal Services of New York Inc

Analysis

Prisoners Legal Services of New York Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in June 1976, 50 years ago. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Prisoners Legal Services of New York Inc reported income of $6.1m and spending of $6.4m, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.4m to $6.1m (+13%), an average of +3.1% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prisoners Legal Services of New York Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Third Sector Capital Partners Inc ($6.1m), A Chance to Grow Inc ($6.1m) and Dubois-Pike-Warrick Economic Opportunity Committee Inc ($6.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $433k (6.8% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $4.3m against liabilities of $1.9m, net assets of $2.4m. It reported 58 employees.