CG Jung Institute of New York Inc

Analysis

CG Jung Institute of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1975, 51 years ago. 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, CG Jung Institute of New York Inc reported income of $321k and spending of $379k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $666k to $321k (-52%), an average of -17% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CG Jung Institute of New York Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Barrett Friendly Library ($321k), Ocean Beach School District Foundation ($321k) and Tom and Valley Knudsen Foundation ($321k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $76k (20% of expenses). Other salaries and wages came to $2,930. At year end it held assets of $2.2m against liabilities of $22k, net assets of $2.2m. It reported 1 employees.