Project New Yorker Corporation

Analysis

Project New Yorker Corporation is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in July 2017, 9 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 December 2023, Project New Yorker Corporation reported income of $448k and spending of $308k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $416k to $448k (+7.7%), an average of +7.7% a year. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project New Yorker Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Elan Vitale Montessori School Inc ($448k), Center for Creative Learning ($448k) and Mid-Plains Community College Area Facilities Corporation ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $136k (44% of expenses). Other salaries and wages came to $83k. At year end it held assets of $457k against liabilities of $0, net assets of $457k. It reported 3 employees.