Brooklyn Dreams Charter School

Analysis

Brooklyn Dreams Charter School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brooklyn Dreams Charter School reported income of $13.1m and spending of $13.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.1m to $13.1m (+18%), an average of +4.2% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brooklyn Dreams Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Success School ($13.1m), The Community School Inc ($13.1m) and Lena Foundation ($13.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $960k against liabilities of $678k, net assets of $281k.