The New Jersey Institute for Training in Psychoanalysis Inc

Analysis

The New Jersey Institute for Training in Psychoanalysis Inc is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The New Jersey Institute for Training in Psychoanalysis Inc reported income of $94k and spending of $84k, spending 90% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $74k to $94k (+27%), an average of +27% a year. The sharpest change came in the year to August 2023, when income rose by 27%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The New Jersey Institute for Training in Psychoanalysis Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Psesd Learning Communities Foundation ($94k), Bronco Band Boosters Inc ($94k) and Rowan Global Inc ($94k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 79% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.