Midwood Special Education Services Inc

Analysis

Midwood Special Education Services Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Midwood Special Education Services Inc reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.4m to $2.5m (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Midwood Special Education Services Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Chive Charities ($2.5m), The Tiffin Community Foundation ($2.5m) and Love Family Affiliated Fund of the Oklahoma City Community Foundation ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $406k against liabilities of $317k, net assets of $90k. It reported 48 employees.