Brooklyn Debate League Inc
Analysis
Brooklyn Debate League Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Brooklyn Debate League Inc reported income of $249k and spending of $370k, spending 149% of what it took in. Across the 3 years on record, from December 2022 to June 2024, income fell from $1.6m to $249k (-84%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 61% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Brooklyn Debate League Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Minnesota Gis Lis Consortium ($249k), Padre Pio Learning Center ($249k) and Charles Hackley Trust Fbo ($249k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $96k (26% of expenses). Other salaries and wages came to $139k. At year end it held assets of $857k against liabilities of $6,020, net assets of $851k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 23%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Minnesota Gis Lis Consortium | Eden Prairie | $249k |
| Padre Pio Learning Center | Front Royal | $249k |
| Charles Hackley Trust Fbo | Cincinnati | $249k |
| Middleburgh Library Assoc | Middleburgh | $249k |