The New York Center for Children

Analysis

The New York Center for Children is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, The New York Center for Children reported income of $915k and spending of $1.0m, spending 114% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.1m to $915k (-16%), an average of -4.2% a year. The sharpest change came in the year to March 2022, when income dropped by 53%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The New York Center for Children sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Tennessee Kids Belong Inc ($915k), Schertz Christian Academy Inc ($915k) and Disabled Resource Services Inc ($915k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $120k (12% of expenses). Other salaries and wages came to $439k. It paid $17k in professional fundraising fees. At year end it held assets of $779k against liabilities of $573k, net assets of $206k. It reported 10 employees.