Brooklyn Parents for Peace Inc

Analysis

Brooklyn Parents for Peace Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1989, 37 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 December 2023, Brooklyn Parents for Peace Inc reported income of $99k and spending of $124k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $99k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooklyn Parents for Peace Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Colorado Springs Debutante Ball Committee Inc ($99k), Paris Recreational Endowment Trust ($99k) and Northwest Flyers Incorporated ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $62k against liabilities of $499, net assets of $62k.