Flatbush Nostrand Junction District Management Association Inc

Analysis

Flatbush Nostrand Junction District Management Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 June 2022, Flatbush Nostrand Junction District Management Association Inc reported income of $451k and spending of $412k, spending 91% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $228k to $451k (+98%), an average of +41% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Flatbush Nostrand Junction District Management Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Mount Washington Community Development Corporation ($451k), Grow Licking County ($451k) and East Passyunk Avenue Business Improvement District Inc ($451k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $95k. At year end it held assets of $159k against liabilities of $26k, net assets of $132k. It reported 1 employees.