Center for Psychoanalytic Studies Inc
Analysis
Center for Psychoanalytic Studies Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 1977, 49 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 June 2023, Center for Psychoanalytic Studies Inc reported income of $188k and spending of $325k, spending 173% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $238k to $188k (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 146% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Psychoanalytic Studies Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Thunderhawk Lighting Blueline Club Inc ($188k), Troy Athens Band Boosters ($188k) and Hartselle Band Boosters ($188k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $117k (36% of expenses). Other salaries and wages came to $52k. At year end it held assets of $3.5m against liabilities of $10k, net assets of $3.5m. It reported 3 employees.
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.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Program services 52%
- Other 48%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Thunderhawk Lighting Blueline Club Inc | Grand Rapids | $188k |
| Troy Athens Band Boosters | Troy | $188k |
| Hartselle Band Boosters | Hartselle | $188k |
| Oldham County Community Scholarships Inc | Buckner | $188k |