Pearl Street Counseling Center Inc

Analysis

Pearl Street Counseling Center Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 1984, 42 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 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 December 2023, Pearl Street Counseling Center Inc reported income of $626k and spending of $700k, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $680k to $626k (-8.0%), an average of -1.7% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pearl Street Counseling Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Tiny Miracles Foundation ($626k), International Pemphigus Pemphigoid Foundation ($626k) and Alternate Avenues Womens Resource Center ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $143k (20% of expenses). Other salaries and wages came to $243k. At year end it held assets of $380k against liabilities of $482k, net assets of -$101k. It reported 10 employees.