Broadway Advocacy Coalition Inc

Analysis

Broadway Advocacy Coalition Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Broadway Advocacy Coalition Inc reported income of $844k and spending of $1.4m, spending 163% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $404k to $844k (+109%), an average of +28% a year. The sharpest change came in the year to September 2022, when income rose by 142%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Broadway Advocacy Coalition Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Expressions of Love Outreach Foundation Inc ($844k), Coalition for Spiritual and Public Leadership NFP ($844k) and Single Parent Resource ($844k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $93k (6.8% of expenses). Other salaries and wages came to $377k. It paid $6,043 in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $290k, net assets of $1.1m. It reported 8 employees.