Is Bronxcare Dr Martin Luther King Jr Health Center Legit?
Quick charity verification for Bronxcare Dr Martin Luther King Jr Health Center (EIN: 132707945)
Verdict: Bronxcare Dr Martin Luther King Jr Health Center appears trustworthy
88/100Mission Score
$47.9MRevenue
$56.5MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed breakdown for program vs. administrative expenses in provided data, making precise efficiency analysis challenging.
NTEE Code is unknown, which limits comparative analysis with similar organizations.
Strengths
Consistent annual surpluses, such as $7,858,169 in 2023, demonstrating strong financial management.
Significant asset growth from $14,099,697 in 2014 to $57,604,480 in 2023, enhancing long-term stability.
Zero reported officer compensation across all filings, potentially indicating efficient use of funds for mission-related activities.
Stable and growing revenue streams over a decade, reflecting sustained community support and operational effectiveness.
Healthy ratio of assets to liabilities, improving financial resilience over time.
Spending Breakdown
How Bronxcare Dr Martin Luther King Jr Health Center allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Bronxcare Dr Martin Luther King Jr Health Center
Is Bronxcare Dr Martin Luther King Jr Health Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Bronxcare Dr Martin Luther King Jr Health Center (EIN: 132707945) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
Is Bronxcare Dr Martin Luther King Jr Health Center a good charity to donate to?
Bronxcare Dr Martin Luther King Jr Health Center has a Mission Score of 88/100. Revenue: $47.9M. Assets: $56.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bronxcare Dr Martin Luther King Jr Health Center?
The Employer Identification Number (EIN) for Bronxcare Dr Martin Luther King Jr Health Center is 132707945. 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 Bronxcare Dr Martin Luther King Jr Health Center spend its money?
Bronxcare Dr Martin Luther King Jr Health Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bronxcare Dr Martin Luther King Jr Health Center's tax-exempt status?
You can verify Bronxcare Dr Martin Luther King Jr Health Center's tax-exempt status using EIN 132707945 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
Bronxcare Dr Martin Luther King Jr Health Center demonstrates consistent financial growth and a strong commitment to its mission, as evidenced by its increasing assets and stable revenue streams over the past decade. In the latest filing (202312), the organization reported revenue of $53,718,372 against expenses of $45,860,203, indicating a healthy surplus. Its assets have shown remarkable growth, from $14,099,697 in 2014 to $57,604,480 in 2023, suggesting effective financial management and reinvestment capacity. The organization's liabilities have also been managed, with a notable decrease relative to asset growth, improving its financial stability.
The organization's spending efficiency appears robust, with a significant portion of its expenses likely directed towards program services, given its healthcare mission. The consistent surpluses across multiple years, such as the $7,858,169 surplus in 2023, allow for continued operational stability and potential expansion of services. The absence of reported officer compensation across all filings suggests a volunteer-led or highly efficient executive structure, which can contribute to lower administrative overhead and greater resource allocation to direct services. This financial discipline, combined with asset growth, paints a picture of a well-managed and financially sound nonprofit.