Bronx Rhio Inc

Analysis

Bronx Rhio Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bronx Rhio Inc reported income of $8.3m and spending of $8.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $8.3m (+0.6%), an average of +0.2% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bronx Rhio Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Allied Community Programs Inc ($8.3m), Mercy Foundation-Bakersfield ($8.3m) and Healthy Learners Inc ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $14.0m against liabilities of $1.5m, net assets of $12.5m.