South Bronx United Inc

Analysis

South Bronx United Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, South Bronx United Inc reported income of $1.9m and spending of $2.1m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.9m (+33%), an average of +7.4% a year. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Bronx United Inc sits at the 96th percentile: it is larger than about 96% 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 Push the Rock ($1.9m), Tenth Mountain Division Hut Association Inc ($1.9m) and Family Ice ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 10% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.7m against liabilities of $1.5m, net assets of $1.2m. It reported 46 employees.