GROW BROOKLYN INC

GROW BROOKLYN INC

Brooklyn, NY, US
501(c)(3)
EIN
26-1410513

GROW BROOKLYN INC

Brooklyn, NY, US
501(c)(3)
EIN
26-1410513

Overview

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Est.

2007

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

GROW BROOKLYN INC is a nonprofit organization based in Brooklyn, focused on financial counseling to help community members preserve and grow their assets, thereby securing their economic future. With an operating budget of $1.5 million and total revenue matching this amount for the filing year 2024, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their website at http://www.growbrooklyn.org/.

Mission Statement

GROW BROOKLYN IS A BROOKLYN BASED NON-PROFIT ORGANIZATION WHOSE MISSION IS TO ENABLE MEMBERS OF ITS COMMUNITY TO PRESERVE AND GROW THEIR ASSETS, THEREBY SECURING THEIR ECONOMIC FUTURE.
Revenues

$1.5M

Expenses

$1.5M

Net Income:
+$36.4K
Assets

$1.9M

Liabilities

$1.2M

Net Assets:
+$741.7K
Operating Budget

$1.5M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

3

Median grant size
$212.5K
Largest grant received
$1.3M
M
Makeela Brathwaite
Board Member
D
Darren Liddell
Board Member
A
Aissatou Barry
Board Member

Frequently Asked Questions

What is GROW BROOKLYN INC’s budget?
In 2024, GROW BROOKLYN INC reported an annual operating budget of around $1.5 million. More detailed financial information is available to registered users.
What causes does GROW BROOKLYN INC support?
GROW BROOKLYN INC supports work in Financial counseling.
Where does GROW BROOKLYN INC operate?
GROW BROOKLYN INC is headquartered in Brooklyn, NY.
Who funded GROW BROOKLYN INC recently?
In 2024, GROW BROOKLYN INC received grants from ROBIN HOOD FOUNDATION, THE CENTER FOR NEW YORK CITY NEIGHBORHOODS INC, and NATIONAL COMMUNITY REINVESTMENT COALITION INC. More information on this organization’s funders is available to registered users.
What is the largest grant GROW BROOKLYN INC received in 2024?
The largest grant to GROW BROOKLYN INC in 2024 exceeds $1.3 million.
What is GROW BROOKLYN INC’s reliance on government grants?
GROW BROOKLYN INC relied on government grants for more than 95% of their total revenue in 2024.
Overview
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