New York International Youth Philharmonic Inc

Analysis

New York International Youth Philharmonic Inc is a registered charity in United States, based in Albertson, NY. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, New York International Youth Philharmonic Inc reported income of $197k and spending of $150k, leaving 24% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income fell from $342k to $197k (-42%), an average of -10% a year. The sharpest change came in the year to July 2021, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York International Youth Philharmonic Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Kever Rachel Fund Inc ($197k), Yedidei Hagan Inc ($197k) and University Family Organization Inc ($197k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $28k. At year end it held assets of $203k against liabilities of $3,742, net assets of $200k. It reported 1 employees.