Institute for Psychoanalytic Training and Research Inc

Analysis

Institute for Psychoanalytic Training and Research Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1965, 61 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Institute for Psychoanalytic Training and Research Inc reported income of $1.4m and spending of $1.6m, spending 112% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $1.4m (+27%), an average of +6.1% a year. The sharpest change came in the year to August 2021, when income rose by 18%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Institute for Psychoanalytic Training and Research Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Central Emergency Medical Services Inc ($1.4m), Ronald McDonald House New Mexico ($1.4m) and Nixsar Corporation ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $221k (14% of expenses). At year end it held assets of $877k against liabilities of $285k, net assets of $593k. It reported 27 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.