Bronx Bethany Community Corporation

Analysis

Bronx Bethany Community Corporation is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in January 2004, 22 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, Bronx Bethany Community Corporation reported income of $149k and spending of $149k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $610k to $149k (-76%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bronx Bethany Community Corporation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Oregon Pupil Transportation Assoc ($149k), Lutheran Housing Services No 12 Incorporated ($149k) and Saiva ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $55k (37% of expenses). Other salaries and wages came to $21k. At year end it held assets of $60k against liabilities of $3,300, net assets of $56k. It reported 4 employees.