Lsny Bronx Corporation

Analysis

Lsny Bronx Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lsny Bronx Corporation reported income of $27.6m and spending of $27.4m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $18.4m to $27.6m (+50%), an average of +8.4% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lsny Bronx Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include George Stone Adventist School ($27.6m), Our World Neighborhood Charter School ($27.6m) and Sonoma Academy ($27.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $15.5m. At year end it held assets of $11.9m against liabilities of $7.3m, net assets of $4.6m. It reported 199 employees.