Jonas Bronck Housing Company Inc

Analysis

Jonas Bronck Housing Company Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Jonas Bronck Housing Company Inc reported income of $1.8m and spending of $2.1m, spending 115% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $1.9m to $1.8m (-2.7%), an average of -0.7% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jonas Bronck Housing Company Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Kitsap Rescue Mission ($1.8m), First Step Shelter Inc ($1.8m) and Coordinated Living of Southern Nevada Inc ($1.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 2.2% and program service revenue 97% of the total. Other salaries and wages came to $147k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 10 employees.