The Manhattan Childrens Center Inc

Analysis

The Manhattan Childrens Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, The Manhattan Childrens Center Inc reported income of $18.8m and spending of $17.4m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $16.3m to $18.8m (+15%), an average of +3.6% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Manhattan Childrens Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include University of West Georgia Foundation Inc ($18.8m), Elisabeth Morrow School ($18.8m) and Carolina University ($18.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.5m (8.4% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $23.8m against liabilities of $15.2m, net assets of $8.6m. It reported 232 employees.