Brooklyn for All Inc

Analysis

Brooklyn for All Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2022, 4 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 December 2023, Brooklyn for All Inc reported income of $734k and spending of $795k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $529k to $734k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Brooklyn for All Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Six Rivers Dispute Resolution Center ($733k), Nccco Foundation Inc ($734k) and Upper Valley Helpsource Inc ($733k).

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. At year end it held assets of $315k against liabilities of $299k, net assets of $16k.