Grand Street District Management Association Inc

Analysis

Grand Street District Management Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Grand Street District Management Association Inc reported income of $392k and spending of $423k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $314k to $392k (+25%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grand Street District Management Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Chugiak Youth Sports Assoc ($392k), Essex County Youth Soccer Association ($392k) and Trails 2000 Inc ($392k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $100k (24% of expenses). Other salaries and wages came to $75k. At year end it held assets of $271k against liabilities of $44k, net assets of $228k. It reported 2 employees.