Joan Ganz Cooney Center Foreducational Media and Research Inc

Analysis

Joan Ganz Cooney Center Foreducational Media and Research Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Joan Ganz Cooney Center Foreducational Media and Research Inc reported income of $1.5m and spending of $2.3m, spending 154% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $211k to $1.5m (+613%), an average of +63% a year. The sharpest change came in the year to June 2021, when income rose by 2421%. Over the whole period it spent 145% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joan Ganz Cooney Center Foreducational Media and Research Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Grant Park Cooperative Preschool Inc ($1.5m), New Jersey United Christian Academy ($1.5m) and School in the Woods Montessori School ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $433k (19% of expenses). Other salaries and wages came to $451k. It paid $100k in professional fundraising fees. At year end it held assets of $28.1m against liabilities of $5.8m, net assets of $22.2m.