Boro Park Shomrim Inc

Analysis

Boro Park Shomrim Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 December 2023, Boro Park Shomrim Inc reported income of $164k and spending of $344k, spending 210% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $57k to $164k (+187%), an average of +69% a year. The sharpest change came in the year to December 2022, when income rose by 571%. Over the whole period it spent 88% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Boro Park Shomrim Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Iowa Colony Volunteer Fire Dept Inc ($164k), Hillndale Volunteer Fire Department Inc ($164k) and The Ouray Mountain Rescue Team Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.