Broome County Council of Churches Inc

Analysis

Broome County Council of Churches Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Broome County Council of Churches Inc reported income of $7.5m and spending of $7.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $7.5m (+52%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Broome County Council of Churches Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Elderbridge Agency on Aging ($7.5m), Tarrant County Association for the Blind ($7.5m) and Take Charge America Inc ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $105k (1.4% of expenses). Other salaries and wages came to $931k. At year end it held assets of $3.4m against liabilities of $302k, net assets of $3.1m. It reported 24 employees.