Brooklyn Greenway Initative

Analysis

Brooklyn Greenway Initative is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Brooklyn Greenway Initative reported income of $422k and spending of $527k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $422k to $422k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to December 2020, when income rose by 135%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Brooklyn Greenway Initative sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Freedoms Way Heritage Association ($421k), North Salem Open Land Foundation Inc ($422k) and East Hampton Village Foundation ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $145k (28% of expenses). Other salaries and wages came to $180k. At year end it held assets of $225k against liabilities of $12k, net assets of $213k. It reported 10 employees.