P S 11 Programs Inc

Analysis

P S 11 Programs Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, P S 11 Programs Inc reported income of $1.5m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.5m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to August 2022, when income rose by 107%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, P S 11 Programs Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Midcoast Youth Center & Skatepark ($1.5m), Young Black Leadership Alliance ($1.5m) and Esf Dream Camp Foundation ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $161k (10% of expenses). Other salaries and wages came to $522k. At year end it held assets of $275k against liabilities of $223k, net assets of $52k. It reported 42 employees.