Bronx Neighborhood Housing Services CDC Inc

Analysis

Bronx Neighborhood Housing Services CDC Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Bronx Neighborhood Housing Services CDC Inc reported income of $1.0m and spending of $1.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $1.0m (-65%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bronx Neighborhood Housing Services CDC Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Pilot International Inc ($1.0m), Advancement Foundation ($1.0m) and Chula Vista Youth Soccer League ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $103k (8.9% of expenses). Other salaries and wages came to $355k. At year end it held assets of $710k against liabilities of $75k, net assets of $635k. It reported 23 employees.