The August Aichhorn Center for Adolescent Residential Care Inc

Analysis

The August Aichhorn Center for Adolescent Residential Care Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, The August Aichhorn Center for Adolescent Residential Care Inc reported income of $12.4m and spending of $14.3m, spending 115% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $15.5m to $12.4m (-20%), an average of -4.4% a year. The sharpest change came in the year to June 2024, when income rose by 11312%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The August Aichhorn Center for Adolescent Residential Care 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 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Community Partners for Affordable Housing ($12.4m), Gap Ministries ($12.4m) and Young Womens Christian Association ($12.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% of the total. Other salaries and wages came to $734k. At year end it held assets of $4.4m against liabilities of $520k, net assets of $3.9m. It reported 10 employees.