Bronx Independent Living Services Inc

Analysis

Bronx Independent Living Services Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bronx Independent Living Services Inc reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bronx Independent Living Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include LA Alianza Hispana Inc ($1.9m), Plant Based Foods Institute ($1.9m) and Washington County Agricultural and Industrial Society Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $71k (4.0% of expenses). Other salaries and wages came to $987k. At year end it held assets of $738k against liabilities of $281k, net assets of $457k. It reported 30 employees.