The New York City Leadership Center Inc

Analysis

The New York City Leadership Center 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 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 December 2022, The New York City Leadership Center Inc reported income of $3.3m and spending of $4.7m, spending 144% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $5.6m to $3.3m (-41%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The New York City Leadership Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Rise Academy ($3.3m), Play Study Win Inc ($3.3m) and Ivy School a Montessori Charter ($3.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $413k (8.7% of expenses). Other salaries and wages came to $858k. At year end it held assets of $127k against liabilities of $2.4m, net assets of -$2.2m. It reported 18 employees.