Girls Educational and Mentoring Services Inc

Analysis

Girls Educational and Mentoring Services Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Girls Educational and Mentoring Services Inc reported income of $3.4m and spending of $3.5m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.4m (+11%), an average of +2.7% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Girls Educational and Mentoring Services Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Richland Care Center Inc ($3.4m), Bikur Cholim ($3.4m) and Arbor Place Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $282k (8.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.5m against liabilities of $1.4m, net assets of $1.1m. It reported 47 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.