Mount Sinai Childrens Center Foundation Inc

Analysis

Mount Sinai Childrens Center Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1990, 36 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mount Sinai Childrens Center Foundation Inc reported income of $793k and spending of $1.1m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $827k to $793k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount Sinai Childrens Center Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Ogden Weber Applied Technology College Foundation ($793k), Queens Daughters Day Care Center Incorporated ($793k) and Habitat for Humanity International Inc ($793k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 128% of the total. Other salaries and wages came to $185k. At year end it held assets of $1.7m against liabilities of $497k, net assets of $1.2m. It reported 1 employees.