West Bronx Housing and Neighborhood Resource Center Inc

Analysis

West Bronx Housing and Neighborhood Resource Center Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, West Bronx Housing and Neighborhood Resource Center Inc reported income of $537k and spending of $403k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $397k to $537k (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Bronx Housing and Neighborhood Resource Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include East Side Renaissance Inc ($537k), Cambridge Waterfront Development Inc ($537k) and Milk with Dignity Standards Council Inc ($537k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (13% of expenses). Other salaries and wages came to $207k. At year end it held assets of $461k against liabilities of $541k, net assets of -$80k. It reported 8 employees.