Monsignor Bojnowski Manor
Analysis
Monsignor Bojnowski Manor is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Monsignor Bojnowski Manor reported income of $8.4m and spending of $7.9m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.3m to $8.4m (+33%), an average of +7.4% a year. The sharpest change came in the year to September 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Monsignor Bojnowski Manor sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within CT. Charities of a similar size with the same main cause include Healthways Inc ($8.4m), Cedar Riverside Peoples Center ($8.4m) and Capstone Health ($8.4m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $111k (1.4% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $3.4m against liabilities of $2.3m, net assets of $1.1m. It reported 133 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 83%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Healthways Inc | Weirton | $8.4m |
| Cedar Riverside Peoples Center | Minneapolis | $8.4m |
| Capstone Health | Parrish | $8.4m |
| Mohawk Valley Health System Foundation | Utica | $8.4m |