Childrens Center of New Paltz Inc

Analysis

Childrens Center of New Paltz Inc is a registered charity in United States, based in New Paltz, NY. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Childrens Center of New Paltz Inc reported income of $352k and spending of $403k, spending 115% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $348k to $352k (+1.0%), an average of +0.3% a year. The sharpest change came in the year to August 2022, when income rose by 95%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Center of New Paltz Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Mission Compassion Inc ($352k), Interfaith Food Pantry of Portage County ($352k) and Happiness Foundation ($352k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $97k (24% of expenses). Other salaries and wages came to $185k. At year end it held assets of $223k against liabilities of $26k, net assets of $197k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.