Friends of Central Park East High School Incorporated

Analysis

Friends of Central Park East High School Incorporated is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Friends of Central Park East High School Incorporated reported income of $88k and spending of $106k, spending 121% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $506k to $88k (-83%), an average of -30% a year. The sharpest change came in the year to June 2021, when income dropped by 83%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Central Park East High School Incorporated sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Parent Booster USA Inc ($88k), G S T S Alumni Association of North America ($88k) and Clan Donald Educational and Charitable Trust ($88k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.