Bronx Community Guardianship Network Inc

Analysis

Bronx Community Guardianship Network Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Community Guardianship Network Inc reported income of $337k and spending of $457k, spending 136% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $654k to $337k (-48%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bronx Community Guardianship Network Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Central Florida Pregnancy Center Inc ($337k), Sampit Community Organization ($337k) and Ground Works ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $110k (24% of expenses). Other salaries and wages came to $267k. At year end it held assets of $43k against liabilities of $74k, net assets of -$32k. It reported 3 employees.