Brownsville Community Development Corporation

Analysis

Brownsville Community Development Corporation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 1977, 49 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Brownsville Community Development Corporation reported income of $34.1m and spending of $36.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $33.5m to $34.1m (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brownsville Community Development Corporation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Home Aide Service of Eastern New York ($34.1m), Corporacion de Salud Asegurada Por Nuestra Organizacion Solidaria Inc ($34.1m) and Taylor Regional Hospital ($34.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.2m (3.5% of expenses). Other salaries and wages came to $16.7m. At year end it held assets of $22.6m against liabilities of $14.1m, net assets of $8.5m. It reported 379 employees.