Brooklyn Child Care Inc

Analysis

Brooklyn Child Care Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1988, 38 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending December 2023, Brooklyn Child Care Inc reported income of $551k and spending of $551k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $401k to $551k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooklyn Child Care Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Somerset Economic Development Corporation ($551k), Candles Inc ($552k) and Society of Reproductive Endocrinology and Infertility Inc ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $129k (23% of expenses). Other salaries and wages came to $281k. At year end it held assets of $558k against liabilities of $0, net assets of $558k. It reported 10 employees.