Brooklyn Charter School

Analysis

Brooklyn Charter School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2001, 25 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 Charter School reported income of $3.8m and spending of $4.5m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.8m to $3.8m (-0.3%), an average of -0.1% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brooklyn Charter School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Seattle Amistad School ($3.8m), The Palm Beach County Literacy Coalition Inc ($3.8m) and City Club Forum Foundation ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $259k (5.8% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $1.9m against liabilities of $638k, net assets of $1.3m. It reported 58 employees.