Bronx House Inc
Bronx House Inc. maintains consistent revenue and asset growth with no reported officer compensation.
EIN: 131739935 · Bronx, NY · NTEE: P280 · Updated: 2026-03-28
Is Bronx House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bronx House Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bronx House Inc
Bronx House Inc (EIN: 131739935) is a nonprofit organization based in Bronx, NY, classified under NTEE code P280. The organization reported total revenue of $7.5M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bronx House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bronx House Inc is a mid-size nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.7M |
| Total Expenses | $7.2M |
| Surplus / Deficit | +$449K |
| Total Assets | $7.0M |
| Total Liabilities | $1.5M |
| Net Assets | $5.5M |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 21.6% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, Bronx House Inc reported a surplus of $449K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 21.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bronx House Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | +9.1% | +8.6% |
| 2022 | +63.0% | +34.9% | +2.8% |
| 2021 | -32.5% | -24.0% | +25.3% |
| 2020 | +4.1% | -5.4% | +7.9% |
| 2019 | -5.5% | +4.0% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1938 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bronx House Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bronx House Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $449K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($7.6M+ revenue) and suggests either a fully volunteer executive leadership or that executive salaries are categorized differently within their expense reporting.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bronx House Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data
- Unclear executive compensation reporting (0% for an organization of this size)
Strengths
The following positive indicators were identified for Bronx House Inc:
- Consistent revenue generation, with 202306 revenue at $7,666,367
- Positive trend in assets, growing from $4,388,903 in 201406 to $6,970,901 in 202306
- Healthy financial surplus in recent years, e.g., $448,997 in 202306
- Manageable liabilities relative to assets (21.6% in 202306)
- Efficient expense management, with expenses generally below revenue
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) some concerns. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
How does Bronx House Inc spend its money?
Bronx House Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bronx House Inc tax-deductible?
Bronx House Inc is registered as a tax-exempt nonprofit (EIN: 131739935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Bronx House Inc. manage to operate without reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that executive salaries are included within other expense categories, such as program or administrative salaries, rather than being separately identified as 'Officer Comp'.
What is the detailed breakdown of their functional expenses (program, admin, fundraising)?
While the provided data indicates overall expenses, a detailed functional expense breakdown from the full IRS 990 would be necessary to precisely determine the percentages allocated to programs, administration, and fundraising. Based on general nonprofit benchmarks and the overall financial health, an estimated breakdown has been provided.
What is the primary source of Bronx House Inc.'s revenue?
The provided data only shows total revenue. To understand the primary sources (e.g., government grants, contributions, program service fees), one would need to consult the full IRS 990, specifically Part VIII, Statement of Revenue.
Filing History
IRS 990 filing history for Bronx House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bronx House Inc's revenue has grown by 76.4%, moving from $4.3M to $7.7M. Total assets increased by 68.6% over the same period, from $4.1M to $7.0M. Total functional expenses rose by 64.2%, from $4.4M to $7.2M. In its most recent filing year (2023), Bronx House Inc reported a surplus of $449K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $7.0M in assets (debt-to-asset ratio: 21.6%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.7M | $7.2M | $7.0M | $1.5M | — | View 990 |
| 2022 | $7.7M | $6.6M | $6.4M | $1.6M | — | View 990 |
| 2021 | $4.7M | $4.9M | $6.2M | $1.7M | — | View 990 |
| 2020 | $7.0M | $6.4M | $5.0M | $1.0M | — | View 990 |
| 2019 | $6.7M | $6.8M | $4.6M | $1.3M | — | View 990 |
| 2018 | $7.1M | $6.6M | $4.4M | $1.1M | — | View 990 |
| 2017 | $7.0M | $6.7M | $4.1M | $1.3M | — | View 990 |
| 2016 | $5.9M | $6.5M | $3.4M | $1.1M | — | View 990 |
| 2015 | $5.4M | $5.5M | $4.0M | $1.0M | — | View 990 |
| 2014 | $4.6M | $4.6M | $4.4M | $806K | — | View 990 |
| 2013 | $4.4M | $4.4M | $4.0M | $671K | — | View 990 |
| 2012 | $4.2M | $4.3M | $3.9M | $708K | — | View 990 |
| 2011 | $4.3M | $4.4M | $4.1M | $816K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.7M, expenses of $7.2M, and assets of $7.0M (revenue -0.3% year-over-year).
- 2022: Revenue of $7.7M, expenses of $6.6M, and assets of $6.4M (revenue +63.0% year-over-year).
- 2021: Revenue of $4.7M, expenses of $4.9M, and assets of $6.2M (revenue -32.5% year-over-year).
- 2020: Revenue of $7.0M, expenses of $6.4M, and assets of $5.0M (revenue +4.1% year-over-year).
- 2019: Revenue of $6.7M, expenses of $6.8M, and assets of $4.6M (revenue -5.5% year-over-year).
- 2018: Revenue of $7.1M, expenses of $6.6M, and assets of $4.4M (revenue +1.8% year-over-year).
- 2017: Revenue of $7.0M, expenses of $6.7M, and assets of $4.1M (revenue +18.6% year-over-year).
- 2016: Revenue of $5.9M, expenses of $6.5M, and assets of $3.4M (revenue +8.7% year-over-year).
- 2015: Revenue of $5.4M, expenses of $5.5M, and assets of $4.0M (revenue +16.9% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.6M, and assets of $4.4M (revenue +6.2% year-over-year).
- 2013: Revenue of $4.4M, expenses of $4.4M, and assets of $4.0M (revenue +3.7% year-over-year).
- 2012: Revenue of $4.2M, expenses of $4.3M, and assets of $3.9M (revenue -3.3% year-over-year).
- 2011: Revenue of $4.3M, expenses of $4.4M, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bronx House Inc:
Data Sources and Methodology
This transparency report for Bronx House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.