Postgraduate Center West 98th Street Residence Inc

Analysis

Postgraduate Center West 98th Street Residence Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1992, 34 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, Postgraduate Center West 98th Street Residence Inc reported income of $216k and spending of $210k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $195k to $216k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 134% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Postgraduate Center West 98th Street Residence Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Circle of Change Foundation Inc ($216k), Southwestern City Schools Educational Foundation ($216k) and 5207 Western Foundation ($216k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 37% of the total. At year end it held assets of $1.2m against liabilities of $2.3m, net assets of -$1.1m.