Brighton Beach District Management Association Inc

Analysis

Brighton Beach District Management Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 1987, 39 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 2024, Brighton Beach District Management Association Inc reported income of $276k and spending of $295k, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $262k to $276k (+5.3%), an average of +1.0% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brighton Beach District Management Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include En Foco Incorporated ($276k), Tustin Area Council for the Fine Arts ($276k) and Young Israel of Margate ($276k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (22% of expenses). At year end it held assets of $91k against liabilities of $19k, net assets of $72k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.