Grupo Jovenes Brooklyn Inc

Analysis

Grupo Jovenes Brooklyn Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grupo Jovenes Brooklyn Inc reported income of $66k and spending of $69k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $66k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grupo Jovenes Brooklyn Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Perioperative Quality Initiatives ($66k), Wilderman Fund for Maternal Mental Health ($66k) and Nassau County Medical Center Auxiliary Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.