Starting Point Services for Children Inc

Analysis

Starting Point Services for Children Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Starting Point Services for Children Inc reported income of $7.0m and spending of $6.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.1m to $7.0m (-2.1%), an average of -0.5% a year. The sharpest change came in the year to June 2020, when income dropped by 23%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Starting Point Services for Children Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Western School of Science and Technology Inc ($7.0m), Sonoma State Enterprises Inc ($7.0m) and Coral Reef Montessori Academy Charter School Inc ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $405k (5.8% of expenses). At year end it held assets of $2.0m against liabilities of $2.5m, net assets of -$510k. It reported 108 employees.