Brooklyn Prospect Charter School
Brooklyn Prospect Charter School reported $73.4 million in revenue and $76.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.75 went to program services, $16.03 to management and general costs and $0.22 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.8% of the total. The highest compensation it reported for one person was $293,996 (CFO). 49 people received more than $100,000 in reportable compensation. Revenue rose 113% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $76MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $73MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 3.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 3.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 95.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $293,996 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.39% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 49 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseBrooklyn Prospect Charter School is an educational corporation that operates seven charter schools in the borough of brooklyn, new york. At Brooklyn Prospect, we believe that families shouldn't have to choose between strong academics and a diverse community. At the heart of our program are three commitments: diversity, world-class academics, and excellent teaching. For the 2024-2025 school year, we served 2,633 students in grades kindergarten through 12th grade
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CFO Officer, 1.00 hrs/week | $0 | $242,034 | $51,962 | $293,996 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $168,004 | $0 | $40,549 | $208,553 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $144,705 | $0 | $52,430 | $197,135 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $156,877 | $0 | $13,160 | $170,037 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $141,173 | $0 | $17,961 | $159,134 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $136,409 | $0 | $16,893 | $153,302 |
49 people received more than $100,000 in reportable compensation from Brooklyn Prospect Charter School (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5488
- Volunteers Part I, line 650
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| PROSPECT SCHOOLS INC Management services | $10,489,368 |
| CHARTER TECHNOLOGY SOLUTIONS It services | $523,729 |
| SCHOOL PROFESSIONALS Substitue services | $168,134 |
| RIPPLE RESTORATION LLC Mold remidiation services | $113,922 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Brooklyn Prospect Charter School totaling $1,612 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Brooklyn Prospect Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Brooklyn Prospect Charter School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Brooklyn Prospect Charter School spent in FY2025, $83.75 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Dallas Theological SeminaryDallas, TX · revenue $73M · programs 75.7% · FY2025
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- American International CollegeSpringfield, MA · revenue $73M · programs 75.9% · FY2025
- Lycee Francais de New YorkNew York, NY · revenue $74M · programs 80.7% · FY2025
- South Dakota State University FoundationBrookings, SD · revenue $73M · programs 83.8% · 2024
Questions people ask
How much of Brooklyn Prospect Charter School's spending goes to programs?
In the fiscal year ending June 30, 2025, Brooklyn Prospect Charter School reported that 83.8% of its $76.4 million in expenses went to program services, 16.0% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does Brooklyn Prospect Charter School pay its top executive?
The largest total compensation Brooklyn Prospect Charter School reported for one person in the fiscal year ending June 30, 2025 was $293,996, for the role of CFO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Brooklyn Prospect Charter School get its money?
Of $73.4 million in revenue in the fiscal year ending June 30, 2025, 3.7% came from contributions and grants (including 3.2% from government grants) and 95.8% from program service revenue (Form 990, Part VIII).
Is Brooklyn Prospect Charter School a registered charity?
The IRS lists EIN 26-3206518 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631369349300808 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349317433 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349318237 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349319841 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349317593 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349306152 · read the filing
All filings for EIN 26-3206518: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.