On Point NYC Inc

Analysis

On Point NYC Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover health care, 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 June 2023, On Point NYC Inc reported income of $16.9m and spending of $12.0m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $16.9m (+403%), an average of +50% a year. The sharpest change came in the year to June 2022, when income rose by 182%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, On Point NYC Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include White County Physician Group ($16.9m), Bear Lake Community Health Center Inc ($17.0m) and Ascentria Care Alliance Inc ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $6.1m. At year end it held assets of $15.4m against liabilities of $2.9m, net assets of $12.4m. It reported 147 employees.