Brooklyn Amity School

Analysis

Brooklyn Amity School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brooklyn Amity School reported income of $3.3m and spending of $3.9m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $3.3m (+130%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 88%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brooklyn Amity School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Science Technology Engineering and Math Arizona ($3.3m), Odyssey Learning Center Inc ($3.3m) and Focus Center for Autism Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $19.1m against liabilities of $16.1m, net assets of $3.0m. It reported 70 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.