Is Bronx House Inc Legit?

Spending Breakdown

How Bronx House Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Bronx House Inc

Is Bronx House Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Bronx House Inc (EIN: 131739935) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.

Is Bronx House Inc a good charity to donate to?

Bronx House Inc has a Mission Score of 88/100. Revenue: $7.5M. Assets: $7.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Bronx House Inc?

The Employer Identification Number (EIN) for Bronx House Inc is 131739935. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Bronx House Inc spend its money?

Bronx House Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Bronx House Inc's tax-exempt status?

You can verify Bronx House Inc's tax-exempt status using EIN 131739935 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Bronx House Inc. demonstrates a generally stable financial position with consistent revenue generation over the past several years. In the 202306 period, the organization reported revenues of $7,666,367 against expenses of $7,217,370, indicating a healthy surplus. Their assets have shown a positive trend, growing from $4,388,903 in 201406 to $6,970,901 in 202306, suggesting good financial management and asset accumulation. The organization's liabilities have remained manageable relative to its assets, with a liability-to-asset ratio of approximately 21.6% in 202306 ($1,507,537 / $6,970,901).

Spending efficiency appears strong, with expenses consistently below or close to revenue, preventing significant deficits. The absence of reported officer compensation across all available filings is a notable aspect of their financial transparency and could indicate a volunteer-led executive structure or that compensation is reported under other categories not explicitly detailed as 'Officer Comp' in this summary. Further investigation into their functional expense breakdown would provide a more precise understanding of program versus administrative and fundraising costs.

Overall, Bronx House Inc. appears to be a financially sound organization with a positive trend in assets and a responsible approach to managing expenses. The lack of reported officer compensation is a significant point for transparency, potentially indicating a highly efficient or volunteer-driven leadership model, which generally bodes well for donor confidence.

Verdict: Bronx House Inc appears trustworthy

Red Flags

Strengths