Bergen Beach Youth Organization Inc

Analysis

Bergen Beach Youth Organization Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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, Bergen Beach Youth Organization Inc reported income of $2.3m and spending of $2.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $2.3m (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2021, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bergen Beach Youth Organization Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include St Vincents Foundation of Alabama Inc ($2.3m), Mid-Peninsula San Ramon Housing Corporation ($2.3m) and Urban League of San Diego County ($2.3m).

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 $1.6m. At year end it held assets of $312k against liabilities of $190k, net assets of $122k. It reported 174 employees.