Brady Social Enterprises Inc

Analysis

Brady Social Enterprises Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Brady Social Enterprises Inc reported income of $520k and spending of $841k, spending 162% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $825k to $520k (-37%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Brady Social Enterprises Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Groundwork Bridgeport Inc ($520k), S Tracy Howard Project ($520k) and Episcopal Housing Development Corporation of Grenada All Saints ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 4.0% of the total. Other salaries and wages came to $370k. At year end it held assets of $1.6m against liabilities of $575k, net assets of $987k.