Easter Seals New York Inc

Analysis

Easter Seals New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1949, 77 years ago. 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 September 2023, Easter Seals New York Inc reported income of $24.0m and spending of $25.2m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $29.9m to $24.0m (-20%), an average of -5.4% a year. The sharpest change came in the year to September 2023, when income dropped by 19%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Easter Seals New York Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Hoosier Care Inc ($24.0m), Hospital San Carlos Incorporado ($24.0m) and Academy for Classical Education Inc ($24.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Other salaries and wages came to $13.0m. At year end it held assets of $19.9m against liabilities of $24.3m, net assets of -$4.4m. It reported 500 employees.