Center for Modern Psychoanalytic Studies
Analysis
Center for Modern Psychoanalytic Studies is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Center for Modern Psychoanalytic Studies reported income of $1.2m and spending of $1.4m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.2m (+3.8%), an average of +0.9% a year. The sharpest change came in the year to June 2022, when income rose by 138%. Over the whole period it spent 112% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Modern Psychoanalytic Studies sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include National Foundation for Ectodermal Dysplasias ($1.2m), Hero Healthcare Equipment Recycling Organization ($1.2m) and Big Stuff Health Share ($1.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 80% of the total. Other salaries and wages came to $630k. At year end it held assets of $2.4m against liabilities of $1.6m, net assets of $756k. It reported 37 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 80%
- Other 8.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Foundation for Ectodermal Dysplasias | Fairview HTS | $1.2m |
| Hero Healthcare Equipment Recycling Organization | Fargo | $1.2m |
| Big Stuff Health Share | St George | $1.2m |
| LCHC Support Corporation | Lowell | $1.2m |