North Bronx Faculty Practice Corporation

Analysis

North Bronx Faculty Practice Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2002, 24 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 (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, North Bronx Faculty Practice Corporation reported income of $21.6m and spending of $24.3m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $21.6m (+340%), an average of +45% a year. The sharpest change came in the year to June 2021, when income rose by 340%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Bronx Faculty Practice Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include American Physiological Society ($21.6m), Alegent Health Mercy Hospital ($21.6m) and Charles Evans Center Inc ($21.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $11.4m against liabilities of $0, net assets of $11.4m.