Brooklyn Level Up Inc

Analysis

Brooklyn Level Up Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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 June 2023, Brooklyn Level Up Inc reported income of $225k and spending of $190k, spending 85% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $5,000 to $225k (+4405%), an average of +571% a year. The sharpest change came in the year to June 2022, when income rose by 608%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooklyn Level Up Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Little League Baseball Inc ($225k), Girdwood Center for Visual Arts Inc ($225k) and Polson Senior Citizens Inc ($225k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.