NYC School Support Services Inc

Analysis

NYC School Support Services Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, NYC School Support Services Inc reported income of $740.0m and spending of $746.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $639.5m to $740.0m (+16%), an average of +3.7% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, NYC School Support Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Marquette University ($710.0m), Savannah College of Art and Design Inc ($776.8m) and Embry-Riddle Aeronautical ($703.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $543k (0.1% of expenses). Other salaries and wages came to $484.9m. At year end it held assets of $155.9m against liabilities of $229.0m, net assets of -$73.1m. It reported 8,076 employees.