Psychotherapy & Spirituality Institute Inc

Analysis

Psychotherapy & Spirituality Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Psychotherapy & Spirituality Institute Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+0.6%), an average of +0.1% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Psychotherapy & Spirituality Institute Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Kevin Harvick Foundation ($1.1m), National School Climate Center ($1.1m) and Triumph Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $104k (9.2% of expenses). Other salaries and wages came to $833k. At year end it held assets of $290k against liabilities of $89k, net assets of $201k. It reported 18 employees.