Estate Planning Council of New York City Inc

Analysis

Estate Planning Council of New York City Inc is a registered charity in United States, based in Farmingdale, NY. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Estate Planning Council of New York City Inc reported income of $212k and spending of $164k, leaving 23% of income unspent that year. Across the 4 years on record, from May 2019 to May 2024, income grew from $209k to $212k (+1.1%), an average of +0.4% a year. The sharpest change came in the year to May 2023, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Estate Planning Council of New York City Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Red Cliffs Rifle & Pistol Association ($212k), Livingston County Library Charitable TR ($212k) and Harvard Model Congress Incorporated ($212k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $251k against liabilities of $18k, net assets of $233k.