Brooklyn Legal Services Corp a

Analysis

Brooklyn Legal Services Corp a is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 1968, 58 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 June 2023, Brooklyn Legal Services Corp a reported income of $12.6m and spending of $13.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $12.6m (+193%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooklyn Legal Services Corp a sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Martin Luther King Jr Center for Non Violent Social Change Inc ($12.5m), International Society on Thrombosis and Haemostasis Inc ($12.6m) and The Guidance Center ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $518k (4.0% of expenses). Other salaries and wages came to $6.4m. It paid $25k in professional fundraising fees. At year end it held assets of $7.8m against liabilities of $5.6m, net assets of $2.2m. It reported 94 employees.