Bronx Community Health Network Inc

Analysis

Bronx Community Health Network Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Bronx Community Health Network Inc reported income of $17.4m and spending of $17.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.3m to $17.4m (+87%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bronx Community Health Network Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Russell Innovation Center for Entrepreneurs Inc ($17.3m), Goodwill Industries of Northeast Texas Inc ($17.4m) and Sek-Cap Inc ($17.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $311k (1.8% of expenses). Other salaries and wages came to $334k. At year end it held assets of $10.0m against liabilities of $8.0m, net assets of $2.0m. It reported 13 employees.