South Bronx Community Management Company Inc

Analysis

South Bronx Community Management Company Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in October 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, South Bronx Community Management Company Inc reported income of $3.1m and spending of $4.1m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.1m (+6.9%), an average of +1.7% a year. The sharpest change came in the year to June 2020, when income rose by 26%. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Bronx Community Management Company Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Oaksatl Community Development Incorporated ($3.1m), Jewish Home Lifecare University Avenue Assisted Living Inc ($3.1m) and Westside Ministries Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $3.6m against liabilities of $8.6m, net assets of -$5.0m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.