Acrmd Community Mental Retardation Services Inc

Analysis

Acrmd Community Mental Retardation Services Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1971, 55 years ago. 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, Acrmd Community Mental Retardation Services Inc reported income of $1.4m and spending of $967k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.4m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Acrmd Community Mental Retardation Services Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Bigs & Littles NYC Mentoring Inc ($1.4m), Special Olympics Wyoming Inc ($1.4m) and The Southern Development Council Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 14% of the total. Other salaries and wages came to $342k. At year end it held assets of $4.0m against liabilities of $595k, net assets of $3.4m. It reported 18 employees.