Brooklyn Bar Association Foundation Inc

Analysis

Brooklyn Bar Association Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1966, 60 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brooklyn Bar Association Foundation Inc reported income of $170k and spending of $103k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $213k to $170k (-20%), an average of -5.5% a year. The sharpest change came in the year to June 2022, when income rose by 321%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooklyn Bar Association Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Wray Area Foundation Inc ($170k), Youth for Christ USA Inc ($171k) and The Philadelphia Shakespeare Theatre ($170k).

At year end it held assets of $240k against liabilities of $11k, net assets of $229k.