Childrens Center at the State University of New York at Purchase

Analysis

Childrens Center at the State University of New York at Purchase is a registered charity in United States, based in Purchase, NY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Childrens Center at the State University of New York at Purchase reported income of $936k and spending of $660k, leaving 29% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $895k to $936k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to August 2021, when income rose by 47%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Center at the State University of New York at Purchase sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Loma Linda University Radiation Medicine Inc ($936k), Christian Community Development ($936k) and Lancaster Avenue 21st Century Business Association ($936k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $71k (11% of expenses). Other salaries and wages came to $441k. At year end it held assets of $1.5m against liabilities of $54k, net assets of $1.4m. It reported 22 employees.