Brick by Brick Training & Development

Analysis

Brick by Brick Training & Development is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Brick by Brick Training & Development reported income of $2.5m and spending of $55k, leaving 98% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $7,250 to $2.5m (+34388%), an average of +34388% a year. The sharpest change came in the year to December 2023, when income rose by 34388%. Over the whole period it spent 2.4% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brick by Brick Training & Development sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Associated Blind Foundation Inc ($2.5m), Sutter-Yuba Homeless Consortium ($2.5m) and Matthews Crossing ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.5m against liabilities of $57k, net assets of $2.4m.