New York Association for the Education of Young Children

Analysis

New York Association for the Education of Young Children is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in January 1992, 34 years ago. 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 December 2023, New York Association for the Education of Young Children reported income of $1.2m and spending of $1.0m, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $771k to $1.2m (+51%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Association for the Education of Young Children sits at the 79th percentile: it is larger than about 79% 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 Edgerton Community Outreach Inc ($1.2m), Jewish Federation of Northwest Indiana Inc ($1.2m) and Down Syndrome Association of Greater St Louis ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $88k (8.6% of expenses). Other salaries and wages came to $423k. At year end it held assets of $1.0m against liabilities of $70k, net assets of $939k. It reported 11 employees.