Open Space Alliance for North Brooklyn Inc

Analysis

Open Space Alliance for North Brooklyn Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Open Space Alliance for North Brooklyn Inc reported income of $1.0m and spending of $1.1m, spending 109% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $425k to $1.0m (+142%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 109% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Open Space Alliance for North Brooklyn Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Pajarito Environmental Education Center ($1.0m), Linda and Gene Farley Center for Peace Justice and Sustainability I ($1.0m) and Southwest Detroit Environmental Vision Project ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $119k (11% of expenses). Other salaries and wages came to $552k. At year end it held assets of $110k against liabilities of $204k, net assets of -$94k. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.