Psychoanalytic Psychoterapy Study Center Inc the New York School

Analysis

Psychoanalytic Psychoterapy Study Center Inc the New York School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, Psychoanalytic Psychoterapy Study Center Inc the New York School reported income of $574k and spending of $766k, spending 133% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $680k to $574k (-16%), an average of -5.5% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Psychoanalytic Psychoterapy Study Center Inc the New York School sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include William Penn House ($574k), Consejo Real de Reyes Feos Anteriores Inc ($574k) and Texas Law Review Association ($574k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2,063 (0.3% of expenses). At year end it held assets of $99k against liabilities of $171k, net assets of -$72k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.