Psc-cuny Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves
Psc-cuny Welfare Fund is a 501(c)(9) organization based in New York, New York, registered in 1967, with $47,977,985 in FY2024 revenue. CharityIndex grades it C.
25 Broadway 15th Floor, New York, NY, 10004 EIN 13-6220695 Since 1967
Revenue (FY2024)
$48.0M
▲ 4.8% vs prior year
Expenses (FY2024)
$54.5M
Net assets
$99.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Psc-cuny Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating22 mo reserves · -14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Psc-cuny Welfare Fund: 22 mo reserves · -14% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Psc-cuny Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Psc-cuny Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $52.0M (FY2013) to $48.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.0MNet assets $99.0M
Operating margin
-13.6%
Spent more than it raised in the latest fiscal year.
Total assets
$103.0M
Total liabilities
$4.0M
Net assets
$99.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $47,977,985▲4.8% | $54,507,007▲20.6% | $99,029,630▼1.2% | $102,987,201▼1.2% | 990 |
| 2023 | $45,779,277▲4.5% | $45,206,607▼3.6% | $100,232,142▲4.8% | $104,289,091▲7.1% | 990 |
| 2022 | $43,793,554▼6.4% | $46,896,065▲12.3% | $95,601,159▲0.2% | $97,346,881▼0.3% | 990 |
| 2021 | $46,782,965▼4.7% | $41,746,052▲12.7% | $95,370,591▼4.6% | $97,659,471▼4.6% | 990 |
| 2020 | $49,086,444▼4.0% | $37,033,587▲1.0% | $99,985,764▲15.1% | $102,358,492▲14.4% | 990 |
| 2019 | $51,111,521▲2.8% | $36,655,695▼6.5% | $86,853,668▲21.7% | $89,448,661▲21.1% | 990 |
| 2018 | $49,718,253▲10.6% | $39,183,300▲7.4% | $71,356,482▲20.0% | $73,892,374▲22.5% | 990 |
| 2017 | $44,946,167▲0.8% | $36,474,436▲8.8% | $59,441,389▲15.0% | $60,318,858▲14.4% | 990 |
| 2016 | $44,573,300▲8.0% | $33,529,433▲3.3% | $51,705,807▲27.3% | $52,735,211▲27.1% | 990 |
| 2015 | $41,265,552▼6.0% | $32,452,216▼16.7% | $40,606,755▲28.4% | $41,494,609▲28.1% | 990 |
| 2014 | $43,922,645▼15.5% | $38,980,678▼19.4% | $31,632,559▲18.3% | $32,385,965▲19.2% | 990 |
| 2013 | $51,971,688 | $48,342,194▲8.8% | $26,737,013▲16.0% | $27,162,569▲15.1% | 990 |
| 2012 | — | $44,440,983▼9.6% | $23,054,162▲18.4% | $23,593,433▲16.8% | 990 |
| 2011 | — | $49,156,937▲9.8% | $19,468,256▼39.1% | $20,201,139▼37.8% | 990 |
| 2010 | — | $44,772,779▲11.3% | $31,956,831▼19.6% | $32,495,505▼19.7% | 990 |
| 2009 | — | $40,234,844 | $39,736,179 | $40,471,277 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Psc-cuny Welfare Fund a legitimate nonprofit?
- Yes. Psc-cuny Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-6220695, based in New York, New York.
- What is Psc-cuny Welfare Fund's EIN?
- Psc-cuny Welfare Fund's Employer Identification Number (EIN) is 13-6220695.
- How much revenue does Psc-cuny Welfare Fund report?
- Psc-cuny Welfare Fund reported $47,977,985 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Psc-cuny Welfare Fund have?
- CharityIndex grades Psc-cuny Welfare Fund C, based on financial health (reserves and operating margin).
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Explore more
Data for Psc-cuny Welfare Fund (EIN 13-6220695) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.