Bronson Properties Corporation

Analysis

Bronson Properties Corporation is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bronson Properties Corporation reported income of $15.8m and spending of $14.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.6m to $15.8m (+16%), an average of +3.8% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bronson Properties Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Northwest Colorado Visiting Nurse Association ($15.8m), Fora Health Inc ($15.8m) and Broward Community and Family Health Centers Inc ($15.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 93% of the total. Other salaries and wages came to $66k. At year end it held assets of $80.3m against liabilities of $35.2m, net assets of $45.1m.