Bronx Community Charter School

Analysis

Bronx Community Charter School is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bronx Community Charter School reported income of $12.4m and spending of $12.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.6m to $12.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bronx Community Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include The Child School-Legacy High School ($12.4m), Reformation Bible College Inc ($12.4m) and Provident School ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $542k (4.2% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $21.5m against liabilities of $17.0m, net assets of $4.5m. It reported 102 employees.