Brooklyn Community Housing and Services Inc

Analysis

Brooklyn Community Housing and Services Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1982, 44 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 June 2023, Brooklyn Community Housing and Services Inc reported income of $12.6m and spending of $12.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.9m to $12.6m (+27%), an average of +6.2% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brooklyn Community Housing and Services Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Perseus House Inc ($12.6m), Catholic Charities of Northern Nevada ($12.6m) and Hospice of the Valley ($12.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $277k (2.2% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $8.3m against liabilities of $6.1m, net assets of $2.2m. It reported 104 employees.