Brooklyn Book Bodega Inc

Analysis

Brooklyn Book Bodega Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2019, 7 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 December 2023, Brooklyn Book Bodega Inc reported income of $628k and spending of $484k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $628k (+207%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 153%. Over the whole period it spent 75% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Brooklyn Book Bodega Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Travis County Youth Show Inc ($628k), Makin It Happen Coalition for Resilient Youth Inc ($629k) and Southwest Indiana Child Advocacy Center Coalition Inc ($628k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Other salaries and wages came to $207k. At year end it held assets of $315k against liabilities of $871, net assets of $314k. It reported 3 employees.