Free Arts for Abused Children of New York City Inc

Analysis

Free Arts for Abused Children of New York City Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Free Arts for Abused Children of New York City Inc reported income of $2.0m and spending of $2.5m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.0m (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Free Arts for Abused Children of New York City Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Sea Haven Inc ($2.0m), Kempe Foundation ($2.0m) and Johnson County Childrens Advocacy Center ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $214k (8.5% of expenses). Other salaries and wages came to $931k. At year end it held assets of $3.0m against liabilities of $1.1m, net assets of $2.0m. It reported 20 employees.