Northeast Parent and Child Society Inc

Analysis

Northeast Parent and Child Society Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northeast Parent and Child Society Inc reported income of $39.1m and spending of $38.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $36.6m to $39.1m (+6.8%), an average of +1.7% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northeast Parent and Child Society Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Tel Hai Nursing Center Inc ($39.0m), Ozarks Area Community Action Corporation ($39.1m) and Elim Park Baptist Home Inc ($39.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Other salaries and wages came to $19.7m. At year end it held assets of $32.1m against liabilities of $16.5m, net assets of $15.6m. It reported 611 employees.