Broadway Training Center of Westchester Inc

Analysis

Broadway Training Center of Westchester Inc is a registered charity in United States, based in Hastings HDSN, NY. It received its IRS tax-exemption ruling in March 1994, 32 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 August 2023, Broadway Training Center of Westchester Inc reported income of $698k and spending of $735k, spending 105% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $534k to $698k (+31%), an average of +6.9% a year. The sharpest change came in the year to August 2022, when income rose by 50%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Broadway Training Center of Westchester Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Childs Way Inc ($698k), Utopia Childrens Center Inc ($698k) and Pogil Project ($698k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Other salaries and wages came to $265k. At year end it held assets of $1.2m against liabilities of $773k, net assets of $434k. It reported 5 employees.