Gynuity Institute Inc

Analysis

Gynuity Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Gynuity Institute Inc reported income of $481k and spending of $1.6m, spending 329% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $481k (-74%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gynuity Institute 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 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Bc-Ptc ($481k), Living for Zachary ($481k) and Kanawha Valley Fellowship Home Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $438k (28% of expenses). Other salaries and wages came to $384k. At year end it held assets of $620k against liabilities of $439k, net assets of $181k. It reported 10 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.