Nysarc Inc
Analysis
Nysarc Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 1954, 72 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, Nysarc Inc reported income of $53.9m and spending of $52.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $46.8m to $53.9m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 98% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nysarc Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Circles of Care Inc ($53.9m), Zufall Health Center Inc ($54.0m) and Partnership for Strong Families Inc ($53.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $772k (1.5% of expenses). Other salaries and wages came to $31.4m. At year end it held assets of $29.1m against liabilities of $13.3m, net assets of $15.8m. It reported 1,055 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.5%
- Program services 93%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Circles of Care Inc | Melbourne | $53.9m |
| Zufall Health Center Inc | Dover | $54.0m |
| Partnership for Strong Families Inc | Gainesville | $53.8m |
| Blue Ridge Healthcare Medical Group Inc | Morganton | $54.1m |