Brooklyn Jesuit Prep

Analysis

Brooklyn Jesuit Prep is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2016, 10 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 Jesuit Prep reported income of $1.9m and spending of $2.4m, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.9m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2020, when income rose by 82%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brooklyn Jesuit Prep sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Semmes-Murphey Foundation ($1.9m), Kids Who Count ($1.9m) and The George Mason University Instructional Foundation Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $100k (4.1% of expenses). Other salaries and wages came to $1.2m. It paid $94k in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $472k, net assets of $2.2m. It reported 27 employees.