Urban Concepts of Ny Round-The- Clock-Nursery Inc

Analysis

Urban Concepts of Ny Round-The- Clock-Nursery Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1999, 27 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 December 2022, Urban Concepts of Ny Round-The- Clock-Nursery Inc reported income of $7.8m and spending of $7.1m, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.3m to $7.8m (+79%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 251%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban Concepts of Ny Round-The- Clock-Nursery Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Jewish Community Center of Northern Virginia Inc ($7.8m), Nourishphx ($7.8m) and Furniture Bank of Central Ohio ($7.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $7.1m against liabilities of $6.6m, net assets of $558k. It reported 81 employees.