Bedford Stuyvesant Early Childhood Development Center Inc

Analysis

Bedford Stuyvesant Early Childhood Development Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Bedford Stuyvesant Early Childhood Development Center Inc reported income of $8.8m and spending of $7.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $8.8m (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bedford Stuyvesant Early Childhood Development Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Northwestern State University Foundation ($8.8m), Math and Science Success Academy Inc ($8.8m) and Pacifica Christian High School ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $4.5m against liabilities of $1.3m, net assets of $3.3m. It reported 91 employees.