Jovenes Bronx Inc

Analysis

Jovenes Bronx Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jovenes Bronx Inc reported income of $109k and spending of $72k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $109k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 44% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jovenes Bronx Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Family Promise of Santa Rosa Inc ($109k), Christmas Shoes ($109k) and Blair Senior Fund ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.