Westchester Center for the Study of Psychoanalysis and Psychotherapy

Analysis

Westchester Center for the Study of Psychoanalysis and Psychotherapy is a registered charity in United States, based in Larchmont, NY. It received its IRS tax-exemption ruling in February 1976, 50 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westchester Center for the Study of Psychoanalysis and Psychotherapy reported income of $421k and spending of $368k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $421k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Westchester Center for the Study of Psychoanalysis and Psychotherapy sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Cure VCP Disease Inc ($421k), New Mexico Youth Providers Alliance Inc ($421k) and Pan-American Ophthalmological Foundation ($421k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $17k (4.7% of expenses). Other salaries and wages came to $48k. At year end it held assets of $495k against liabilities of $5,984, net assets of $489k. It reported 2 employees.