Albert Ellis Institute

Analysis

Albert Ellis Institute is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1968, 58 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Albert Ellis Institute reported income of $1.1m and spending of $1.4m, spending 121% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $1.6m to $1.1m (-29%), an average of -29% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Albert Ellis Institute sits at the 65th percentile: it is larger than about 65% 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 Cavalier Ambulance Service Inc ($1.1m), National Association of State Head Injury Administrators ($1.1m) and Bakersfield Crisis Pregnancy Center Inc ($1.1m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 3.5% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $243k (18% of expenses). Other salaries and wages came to $301k. At year end it held assets of $15.8m against liabilities of $24k, net assets of $15.8m. It reported 7 employees.