New York Planning Federation

Analysis

New York Planning Federation is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in June 1966, 60 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 April 2024, New York Planning Federation reported income of $252k and spending of $246k, spending 98% of its income. Across the 6 years on record, from December 2019 to April 2024, income grew from $245k to $252k (+2.8%), an average of +0.6% a year. The sharpest change came in the year to April 2021, when income rose by 282%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Planning Federation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Allegheny Council to Improve Our Neighborhoods-Housing Incorporated ($252k), Texas Water Utilities Association ($252k) and Girls Shelter of Fort Smith Ark Inc ($252k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $49k (20% of expenses). Other salaries and wages came to $67k. At year end it held assets of $300k against liabilities of $142k, net assets of $158k. It reported 4 employees.