Brooklyn Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 7,204,438 | 4,555,352 | 2,649,086 | 168.6 | 22% |
| 2015 | 6,274,334 | 5,587,854 | 686,480 | 129.4 | 14% |
| 2016 | 4,825,621 | 6,109,774 | −1,284,153 | 117.4 | 14% |
| 2017 | 5,392,384 | 7,404,866 | −2,012,482 | 104.2 | 12% |
| 2018 | 16,320,748 | 8,691,945 | 7,628,803 | 94.5 | 11% |
| 2019 | 7,587,394 | 8,896,665 | −1,309,271 | 102.9 | 11% |
| 2020 | 7,566,977 | 8,033,672 | −466,695 | 110.4 | 7% |
| 2021 | 42,787,989 | 15,163,412 | 27,624,577 | 91.7 | 8% |
| 2022 | 36,110,800 | 15,582,657 | 20,528,143 | 87.8 | 10% |
| 2023 | 8,708,861 | 23,057,208 | −14,348,347 | 63.3 | 8% |
In its most recent public year (2023), this organization spent $14,348,347 more than it brought in. Its reserves stood at about 63.3 months of spending, down from 168.6 in 2014. Staff pay was 8% of spending. $2,013,750 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Brooklyn Community Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works