Bronxcare Special Care Center

Analysis

Bronxcare Special Care Center is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Bronxcare Special Care Center reported income of $42.8m and spending of $43.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41.5m to $42.8m (+3.1%), an average of +0.8% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bronxcare Special Care Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Pomerene Hospital ($42.7m), Pace Organization of Rhode Island ($42.8m) and Barrett Hospital Development Corporation ($42.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $270k (0.6% of expenses). Other salaries and wages came to $15.9m. At year end it held assets of $27.6m against liabilities of $5.4m, net assets of $22.2m. It reported 242 employees.