Brooklyn Center for Independence of the Disabled

Analysis

Brooklyn Center for Independence of the Disabled is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1964, 62 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 September 2023, Brooklyn Center for Independence of the Disabled reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.1m (+2.2%), an average of +0.6% a year. The sharpest change came in the year to September 2022, when income rose by 16%. 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, Brooklyn Center for Independence of the Disabled sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Women in Product ($1.1m), Altenheim-German Old Peoples Home- ($1.1m) and Illinois Joining Forces Foundation ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $676k. At year end it held assets of $479k against liabilities of $115k, net assets of $364k.