Brooklyn College Auxiliary Enterprises Corporation

Analysis

Brooklyn College Auxiliary Enterprises Corporation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Brooklyn College Auxiliary Enterprises Corporation reported income of $984k and spending of $848k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $960k to $984k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brooklyn College Auxiliary Enterprises Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Cornerstone Christian Ministries ($984k), Leadership Greater Huntsville Inc ($984k) and Communities in Schools of Palm Beach County ($983k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 91% of the total. Other salaries and wages came to $222k. At year end it held assets of $3.3m against liabilities of $329k, net assets of $2.9m. It reported 52 employees.