New York Psychotherapy And Counseling Center
New York Psychotherapy And Counseling Center shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 112320614 · Jamaica, NY · NTEE: F320 · Updated: 2026-03-28
Is New York Psychotherapy And Counseling Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Psychotherapy And Counseling Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Psychotherapy And Counseling Center
New York Psychotherapy And Counseling Center (EIN: 112320614) is a nonprofit organization based in Jamaica, NY, classified under NTEE code F320. The organization reported total revenue of $129.1M and total assets of $311.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Psychotherapy And Counseling Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New York Psychotherapy And Counseling Center with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New York Psychotherapy And Counseling Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filings, which is highly unusual for an organization of this size ($97M+ revenue). This suggests that executive compensation is either not being reported under this specific line item in the summary data, or the organization operates with an entirely volunteer executive leadership, which would be exceptional.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New York Psychotherapy And Counseling Center's IRS 990 filings:
- Unusually low or 0% reported officer compensation for an organization of this size, requiring further investigation into full 990 forms for complete compensation disclosure.
Strengths
The following positive indicators were identified for New York Psychotherapy And Counseling Center:
- Consistent and significant revenue growth over the past decade, from $32M in 201406 to $97M in 202306.
- Strong asset accumulation, growing from $56.6M in 201406 to $274.0M in 202306, indicating financial stability.
- Healthy financial surplus, with revenues consistently exceeding expenses (e.g., $97.3M revenue vs. $68.7M expenses in 202306).
- Low liabilities relative to assets, demonstrating prudent financial management (e.g., $9.7M liabilities vs. $274M assets in 202306).
Frequently Asked Questions about New York Psychotherapy And Counseling Center
Is New York Psychotherapy And Counseling Center a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Psychotherapy And Counseling Center (EIN: 112320614) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does New York Psychotherapy And Counseling Center spend its money?
New York Psychotherapy And Counseling Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York Psychotherapy And Counseling Center tax-deductible?
New York Psychotherapy And Counseling Center is registered as a tax-exempt nonprofit (EIN: 112320614). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does New York Psychotherapy And Counseling Center manage to report 0% officer compensation with over $97 million in revenue?
The consistent reporting of 0% officer compensation in the provided summary data for an organization of this scale is highly unusual. It warrants a deeper look into the full IRS 990 forms to understand how executive leadership is compensated, or if the organization indeed operates with entirely volunteer officers, which would be a significant strength.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While the summary data indicates a healthy surplus (e.g., $97.3M revenue vs. $68.7M expenses in 202306), the specific percentages allocated to programs, administration, and fundraising are not provided. A full IRS 990 would offer this detailed breakdown, which is crucial for a complete efficiency assessment.
What is the organization's strategy for managing its rapidly growing assets?
The organization's assets have grown significantly from $56.6M in 201406 to $274.0M in 202306. Understanding the investment strategy for these assets and how they contribute to the organization's mission would provide further insight into its financial stewardship.
Filing History
IRS 990 filing history for New York Psychotherapy And Counseling Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Psychotherapy And Counseling Center's revenue has grown by 396%, moving from $19.6M to $97.4M. Total assets increased by 605.3% over the same period, from $38.9M to $274.1M. Total functional expenses rose by 359.5%, from $15.0M to $68.7M. In its most recent filing year (2023), New York Psychotherapy And Counseling Center reported a surplus of $28.7M, with revenue exceeding expenses. The organization holds $9.7M in liabilities against $274.1M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $264.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $97.4M | $68.7M | $274.1M | $9.7M | — | View 990 |
| 2022 | $82.4M | $60.1M | $229.5M | $6.3M | — | View 990 |
| 2021 | $74.3M | $50.8M | $235.4M | $11.1M | — | View 990 |
| 2020 | $66.9M | $44.0M | $184.9M | $8.2M | — | View 990 |
| 2019 | $67.5M | $41.3M | $156.3M | $2.5M | — | View 990 |
| 2018 | $57.8M | $37.1M | $130.0M | $2.4M | — | View 990 |
| 2017 | $57.5M | $35.2M | $109.2M | $2.2M | — | View 990 |
| 2016 | $48.5M | $29.8M | $87.1M | $2.3M | — | View 990 |
| 2015 | $37.1M | $26.4M | $68.8M | $2.7M | — | View 990 |
| 2014 | $32.1M | $21.4M | $56.6M | $1.3M | — | View 990 |
| 2013 | $25.9M | $15.5M | $52.0M | $7.4M | — | View 990 |
| 2012 | $16.7M | $14.5M | $42.0M | $7.7M | — | View 990 |
| 2011 | $19.6M | $15.0M | $38.9M | $6.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97.4M, expenses of $68.7M, and assets of $274.1M (revenue +18.1% year-over-year).
- 2022: Revenue of $82.4M, expenses of $60.1M, and assets of $229.5M (revenue +10.9% year-over-year).
- 2021: Revenue of $74.3M, expenses of $50.8M, and assets of $235.4M (revenue +11.1% year-over-year).
- 2020: Revenue of $66.9M, expenses of $44.0M, and assets of $184.9M (revenue -0.9% year-over-year).
- 2019: Revenue of $67.5M, expenses of $41.3M, and assets of $156.3M (revenue +16.8% year-over-year).
- 2018: Revenue of $57.8M, expenses of $37.1M, and assets of $130.0M (revenue +0.6% year-over-year).
- 2017: Revenue of $57.5M, expenses of $35.2M, and assets of $109.2M (revenue +18.4% year-over-year).
- 2016: Revenue of $48.5M, expenses of $29.8M, and assets of $87.1M (revenue +30.6% year-over-year).
- 2015: Revenue of $37.1M, expenses of $26.4M, and assets of $68.8M (revenue +15.9% year-over-year).
- 2014: Revenue of $32.1M, expenses of $21.4M, and assets of $56.6M (revenue +23.7% year-over-year).
- 2013: Revenue of $25.9M, expenses of $15.5M, and assets of $52.0M (revenue +55.3% year-over-year).
- 2012: Revenue of $16.7M, expenses of $14.5M, and assets of $42.0M (revenue -15.0% year-over-year).
- 2011: Revenue of $19.6M, expenses of $15.0M, and assets of $38.9M.
Data Sources and Methodology
This transparency report for New York Psychotherapy And Counseling Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.