67th Precinct Clergy Council Inc
Analysis
67th Precinct Clergy Council Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, 67th Precinct Clergy Council Inc reported income of $4.0m and spending of $4.0m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $815k to $4.0m (+387%), an average of +70% a year. The sharpest change came in the year to December 2021, when income rose by 192%. Over the whole period it spent 101% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, 67th Precinct Clergy Council Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Building for the Arts Ny Inc ($4.0m), Mission Property Foundation ($4.0m) and Community Resource Exchange ($4.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $151k (3.8% of expenses). Other salaries and wages came to $802k. At year end it held assets of $280k against liabilities of $300k, net assets of -$20k. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Building for the Arts Ny Inc | New York | $4.0m |
| Mission Property Foundation | New Orleans | $4.0m |
| Community Resource Exchange | New York | $4.0m |
| Sustainable Economic Enterprises of Los Angeles | Los Angeles | $4.0m |