East Brooklyn District Management Association Inc

Analysis

East Brooklyn District Management Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, East Brooklyn District Management Association Inc reported income of $218k and spending of $227k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $142k to $218k (+53%), an average of +53% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Brooklyn District Management Association Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Dress for Success Boise Inc ($217k), Progressive Change Community Development Corp ($218k) and Northern Liberties Neighbors Assoc ($217k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $50k (22% of expenses). Other salaries and wages came to $22k. At year end it held assets of $112k against liabilities of $89k, net assets of $23k.