Ben Bronz Foundation Inc

Analysis

Ben Bronz Foundation Inc is a registered charity in United States, based in E Hartford, CT. It received its IRS tax-exemption ruling in June 1987, 39 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ben Bronz Foundation Inc reported income of $4.3m and spending of $4.7m, spending 108% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $2.9m to $4.3m (+50%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ben Bronz Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include Texas Forensic Nurse Examiners - Forensic Center of Excellence ($4.3m), United Safety Council Inc ($4.3m) and Nashville School of Law ($4.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $298k (6.4% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $2.9m against liabilities of $584k, net assets of $2.3m. It reported 56 employees.