Bent on Learning Inc

Analysis

Bent on Learning Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 July 2023, Bent on Learning Inc reported income of $243k and spending of $332k, spending 137% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $314k to $243k (-23%), an average of -6.2% a year. The sharpest change came in the year to July 2023, when income dropped by 36%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bent on Learning Inc sits at the 64th percentile: it is larger than about 64% 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 Gators Booster Club ($243k), Kids in New Directions Inc ($243k) and Cklecc ($243k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 53% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $135k (41% of expenses). At year end it held assets of $60k against liabilities of $20k, net assets of $40k. It reported 1 employees.