The Bronx Community College Foundation Inc

Analysis

The Bronx Community College Foundation Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, The Bronx Community College Foundation Inc reported income of $565k and spending of $467k, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $761k to $565k (-26%), an average of -5.8% a year. The sharpest change came in the year to June 2020, when income dropped by 28%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Bronx Community College Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Central Africa Health Care Organization ($565k), Daytona Beach Golf Charities ($566k) and South Florida Baptist Hospital Foundation Inc ($565k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.5m against liabilities of $50k, net assets of $2.4m.