Postgraduate Center West 98th Street Residence Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO PROVIDE COMMUNITY RESIDENCES AND HOUSING FACILITIES SPECIFICALLY DESIGNED TO PROMOTE THE WELL-BEING FOR THE MENTALLY ILL AND ELDERLY PERSONS. PCMH'S COMMUNITY RESIDENCE PROGRAMS ASSIST CONSUMERS WITH THE DIFFICULT TRANSITION FROM LONG-TERM OR REVOLVING-DOOR HOSPITAL STAYS.
- Income
- $230,311
- Spending
- $283,393
- Spent on programs
- 88%
- Reserves
- -83.5 months of spending
- Largest source of income
- government grants, 45%
- Employees
- 0
- Volunteers
- 2
- Highest pay
- $1.0 million, president & ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 30 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 202% of what it owns.
Living within its means
0 of 15Spending exceeded income by 23% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 29 out of 100.
Independent board
5 of 252 of 4 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $248,956 spent. AN APARTMENT COMPLEX OF TWENTY UNITS IN WHICH HOUSING IS PROVIDED TO THE CHRONICALLY MENTALLY ILL BY POSTGRADUATE CENTER FOR MENTAL HEALTH UNDER SECTION 811 OF THE NATIONAL HOUSING ACT. RESIDENCE III, THE 98TH STREET RESIDENCE, HAS BEEN IN FULL OPERATION THROUGHOUT THE PAST FISCAL YEAR. THIS TRANSITIONAL RESIDENCE PROVIDES SERVICES TO TWENTY SERIOUSLY AND PERSISTENTLY MENTALLY ILL ADULTS. WITHIN THE LAST YEAR, THREE OF THE SITE'S RESIDENTS WERE DISCHARGED APPROPRIATELY TO ALTERNATIVE LEVELS OF CARE. THE SITE ALSO HAD ONE NEW YORK STATE OFFICE OF MENTAL HEALTH PRIORITY ADMISSIONS, NOTED AS "HIGH NEEDS" CLIENTS. THIS CLIENT WAS ADMITTED FROM STATE OR ACUTE CARE INPATIENT PSYCHIATRIC UNITS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1992.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.