New York Council on Adoptable Children Inc

Analysis

New York Council on Adoptable Children Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New York Council on Adoptable Children Inc reported income of $2.1m and spending of $2.4m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.1m (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New York Council on Adoptable Children Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include South Texas Advancement Resource ($2.1m), Young Womens Christian Association Southeast Wisconsin Inc ($2.1m) and Monarch Immigrant Services ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.5m. It paid $66k in professional fundraising fees. At year end it held assets of $773k against liabilities of $270k, net assets of $503k. It reported 20 employees.