Episcopal Charities of the Diocese of New York
Analysis
Episcopal Charities of the Diocese of New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Episcopal Charities of the Diocese of New York reported income of $1.7m and spending of $1.8m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.7m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Episcopal Charities of the Diocese of New York sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Center of Theological Inquiry ($1.7m), Global Frontier Mission Inc ($1.7m) and Muslim Community Center of New York City Inc ($1.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $305k (17% of expenses). Other salaries and wages came to $134k. At year end it held assets of $6.4m against liabilities of $209k, net assets of $6.2m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Center of Theological Inquiry | Princeton | $1.7m |
| Global Frontier Mission Inc | Clarkston | $1.7m |
| Muslim Community Center of New York City Inc | Brooklyn | $1.7m |
| Thehopeline Inc | Spring Hill | $1.7m |