New York Zen Center Forcontemplative Care

Analysis

New York Zen Center Forcontemplative Care is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2008, 18 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 June 2023, New York Zen Center Forcontemplative Care reported income of $2.0m and spending of $2.0m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $2.0m (+61%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 29%. 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, New York Zen Center Forcontemplative Care sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Startedup Foundation Inc ($2.0m), Ashe Food Pantry Inc ($2.0m) and Muslim American Society of Sacramento Region ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $322k (16% of expenses). Other salaries and wages came to $529k. At year end it held assets of $864k against liabilities of $567k, net assets of $297k. It reported 12 employees.