Mosholu-Montefiore Community Center Inc

Analysis

Mosholu-Montefiore Community Center Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Mosholu-Montefiore Community Center Inc reported income of $9.3m and spending of $7.8m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $9.3m (+72%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mosholu-Montefiore Community Center Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Wilds Christian Association Inc ($9.2m), Charlotte Soccer Academy ($9.3m) and Sandra and Leon Levine Jewish Community Center Inc ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $527k (6.7% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $27.5m against liabilities of $18.8m, net assets of $8.8m. It reported 416 employees.