Friends of the Bklyn New School- Bklyn School for Collab Studies

Analysis

Friends of the Bklyn New School- Bklyn School for Collab Studies is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Friends of the Bklyn New School- Bklyn School for Collab Studies reported income of $246k and spending of $238k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $319k to $246k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Bklyn New School- Bklyn School for Collab Studies sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Homer Council on the Arts ($246k), Friends of the Minnesota Orchestra ($246k) and Home Company Inc ($246k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. At year end it held assets of $536k against liabilities of $4,688, net assets of $531k.