Edukate NYC Inc

Analysis

Edukate NYC Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2021, 5 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, Edukate NYC Inc reported income of $75k and spending of $90k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $75k (-1.3%), an average of -1.3% a year. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edukate NYC Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Bacon Elementary PTO ($75k), Instauratio Magna Foundation ($75k) and PTA Florida Congress ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.