Brooklyn Prospect Charter School
397 Bridge Street 9th Fl, Brooklyn, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $73,365,452 | $76,352,828 | $5,053,735 |
| FY2024 | $68,150,953 | $68,762,160 | $8,041,111 |
| FY2023 | $60,453,211 | $65,100,693 | $9,152,318 |
| FY2022 | $54,680,290 | $54,806,989 | $13,799,800 |
| FY2021 | $42,286,541 | $38,695,898 | $9,687,774 |
| FY2020 | $34,456,457 | $35,712,437 | $6,097,131 |
| FY2019 | $31,999,561 | $31,107,088 | $5,175,306 |
| FY2018 | $25,740,930 | $25,962,048 | $4,403,294 |
| FY2017 | $22,466,449 | $22,033,116 | $4,624,412 |
| FY2016 | $18,767,262 | $17,415,414 | $4,191,079 |
| FY2015 | $15,082,766 | $14,166,783 | $2,839,231 |
| FY2014 | $10,217,532 | $10,727,183 | $1,923,248 |
| FY2013 | $7,306,106 | $7,415,695 | $2,432,899 |
| FY2012 | $5,076,720 | $4,108,901 | $2,542,488 |
Form 990 filings
The returns filed by Brooklyn Prospect Charter School (EIN 26-3206518), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $2,718,710 | 4% |
| Program service revenue | $70,261,880 | 96% |
| Other revenue | $384,862 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $63,945,958 | 84% |
| Management & general | $12,242,029 | 16% |
| Fundraising | $164,841 | <1% |
What the numbers show
- Program service revenue made up 96% of total revenue in FY2025.
- Program services accounted for 84% of functional expenses, management & general 16%, and fundraising 0%.
- 84% of functional expenses went to program services in FY2025. That is higher than 40% of 412 Education organizations in NY.
- Net assets covered about 0.8 months of expenses at the end of the reporting year. That puts it in the 10th percentile among 4118 Education organizations in NY.
- Total revenue was higher than 97.5% of 4244 Education organizations in NY.
- Total revenue rose from $5,076,720 in FY2012 to $73,365,452 in FY2025. Revenue increased in 13 and decreased in 0 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 8 of 14 reported years (FY2013, FY2014, FY2018, FY2020, FY2022, FY2023, FY2024, FY2025).
- Net assets grew from $2,542,488 to $5,053,735 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
OUR SCHOOL PREPARES STUDENTS FOR SUCCESS AS GLOBAL CITIZENS.
IRS status
| Ruling year | 2009 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B29 — Education (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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