Brooklyn College Association Inc

Analysis

Brooklyn College Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2014, 12 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 June 2023, Brooklyn College Association Inc reported income of $2.1m and spending of $2.6m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $2.1m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2022, when income dropped by 15%. 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 College Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Education Alliance for New Hampshire ($2.1m), Eastlake High School of Colorado Springs ($2.1m) and New Hampshire Learning Initiative Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.5m against liabilities of $560k, net assets of $3.9m. It reported 85 employees.