SBH Community Service Network Inc

Analysis

SBH Community Service Network Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1975, 51 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 December 2023, SBH Community Service Network Inc reported income of $19.6m and spending of $17.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.2m to $19.6m (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, SBH Community Service Network Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Waldo Community Action Partners ($19.6m), Community Mainstreaming Associates Inc ($19.6m) and South Shore Association for Independent Living Inc ($19.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $1.0m (6.0% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $25.8m against liabilities of $815k, net assets of $25.0m. It reported 153 employees.