Brooklyn Womens Exchange Inc

Analysis

Brooklyn Womens Exchange Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Brooklyn Womens Exchange Inc reported income of $234k and spending of $218k, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $150k to $234k (+56%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 56%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooklyn Womens Exchange Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Community Fire Co of Virginville ($234k), Chicagoland Chamber of Commerce Foundation ($234k) and Exchange Club Center for Family Unity ($234k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $1.6m against liabilities of $5,538, net assets of $1.6m. It reported 12 employees.