Bronxville School Foundation Inc

Analysis

Bronxville School Foundation Inc is a registered charity in United States, based in Bronxville, NY. It received its IRS tax-exemption ruling in March 1992, 34 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 2023, Bronxville School Foundation Inc reported income of $726k and spending of $644k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $669k to $726k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bronxville School Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Friends of Zichron Meir ($726k), Historic Everett Theatre Preservation Society ($726k) and Jasper Community Foundation ($725k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $65k (10% of expenses). Other salaries and wages came to $35k. At year end it held assets of $4.2m against liabilities of $761k, net assets of $3.4m.