Brooklyn Institute for Social Research

Analysis

Brooklyn Institute for Social Research is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Brooklyn Institute for Social Research reported income of $1.6m and spending of $1.1m, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $645k to $1.6m (+146%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brooklyn Institute for Social Research sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Laurel Leadership Institute ($1.6m), Haw River Christian Academy Inc ($1.6m) and Laura Jeffrey Academy ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $139k (12% of expenses). Other salaries and wages came to $330k. At year end it held assets of $607k against liabilities of $162k, net assets of $445k. It reported 11 employees.