Sick Kids Need Involved People of New York Inc

Analysis

Sick Kids Need Involved People of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1989, 37 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, Sick Kids Need Involved People of New York Inc reported income of $10.5m and spending of $9.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.9m to $10.5m (-3.6%), an average of -0.9% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. 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, Sick Kids Need Involved People of New York Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include The Greater Morristown YMCA Inc ($10.5m), Richmond District Neighborhood Center Inc ($10.5m) and Hispanic Housing Development Corp ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $535k (5.5% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $15.9m against liabilities of $9.0m, net assets of $6.8m. It reported 363 employees.