Childrens Center at Suny Brooklyn Inc

Analysis

Childrens Center at Suny Brooklyn Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Childrens Center at Suny Brooklyn Inc reported income of $882k and spending of $866k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $583k to $882k (+51%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 100%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Center at Suny Brooklyn Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Imagine Foundation ($882k), Exodus Treatment Center ($882k) and Humboldt Domestic Violence Services ($881k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $144k (17% of expenses). Other salaries and wages came to $521k. At year end it held assets of $454k against liabilities of $354k, net assets of $100k. It reported 14 employees.