Fund for Bric Community Media Inc

Analysis

Fund for Bric Community Media Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fund for Bric Community Media Inc reported income of $509k and spending of $26k, leaving 95% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $497k to $509k (+2.4%), an average of +0.6% a year. The sharpest change came in the year to June 2020, when income rose by 156%. Over the whole period it spent 2.4% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fund for Bric Community Media Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Boxerwood Education Association Incorporated ($509k), National Bowling Hall of Fame and Museum Inc ($509k) and The Friends of the Wanamaker Organ Inc ($509k).

At year end it held assets of $23.3m against liabilities of $28k, net assets of $23.2m.