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FLATBUSH DEVELOPMENT CORPORATION

BROOKLYN, New York, 11226

EIN: 51-0188251

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
1616 NEWKIRK AVE
11226
COUNTY
kings county, NY
IN CARE OF NAME
YMS MGMT

ORGANIZATIONAL OVERVIEW & RANKINGS

FLATBUSH DEVELOPMENT CORPORATION is a based in BROOKLYN, NY, focused on Community Improvement, Capacity Building causes . Established in May 1976, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $2,378,001.00, this ranks 137,754 among 2,656,690 nonprofits nationally (Top 6%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 12,603 out of 159,053 organizations in NY (Top 8%).

In kings county, NY, the organization ranks 907 out of 18,995 nonprofits by assets (Top 5%), while locally in brooklyn, it stands at 906 among 18,866 organizations (Top 5%).

The organization reported annual revenue of $4,616,666.00, ranking 50,839 nationally (Top 2%) and 4,792 in NY (Top 4%).

Within its specific NTEE classification (S31Z - S: Community Improvement, Capacity Building), which includes 344 similar organizations, FLATBUSH DEVELOPMENT CORPORATION ranks 78 in assets (Top 20%) and 22 in revenue (Top 6%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other activity aimed t combating community deterioration
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$4,616,666.00
FORM 990 REVENUE AMOUNT
$4,616,666.00
RULING DATE
05/1976
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,378,001.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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