Bronx Parent Housing Network Inc

Analysis

Bronx Parent Housing Network Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bronx Parent Housing Network Inc reported income of $111.2m and spending of $110.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $68.2m to $111.2m (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bronx Parent Housing Network Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Action Inc ($111.1m), Southern New Hampshire Service Inc ($111.3m) and Sequoia Living Inc ($111.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $855k (0.8% of expenses). Other salaries and wages came to $19.1m. At year end it held assets of $141.3m against liabilities of $143.7m, net assets of -$2.4m. It reported 564 employees.