Bronxcare Dr Martin Luther King Jr Health Center
Bronxcare Dr Martin Luther King Jr Health Center shows consistent revenue growth and significant asset accumulation over the past decade.
EIN: 132707945 · Bronx, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $47.9M |
| Total Expenses | $45.9M |
| Program Spending | 85% |
| Net Assets | $21.5M |
| Transparency Score | 88/100 |
Is Bronxcare Dr Martin Luther King Jr Health Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bronxcare Dr Martin Luther King Jr Health Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bronxcare Dr Martin Luther King Jr Health Center
Bronxcare Dr Martin Luther King Jr Health Center (EIN: 132707945) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $47.9M and total assets of $56.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bronxcare Dr Martin Luther King Jr Health Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bronxcare Dr Martin Luther King Jr Health Center is a large nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53.7M |
| Total Expenses | $45.9M |
| Surplus / Deficit | +$7.9M |
| Total Assets | $57.6M |
| Total Liabilities | $36.1M |
| Net Assets | $21.5M |
| Operating Margin | 14.6% |
| Debt-to-Asset Ratio | 62.6% |
| Months of Reserves | 15.1 months |
Financial Health Grade: A
In 2023, Bronxcare Dr Martin Luther King Jr Health Center reported a surplus of $7.9M with revenue exceeding expenses, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 62.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bronxcare Dr Martin Luther King Jr Health Center's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | -1.2% | +20.8% |
| 2022 | +1.9% | -5.9% | +25.5% |
| 2021 | +6.2% | +9.7% | +6.0% |
| 2020 | -5.9% | -8.3% | +24.2% |
| 2019 | +7.1% | +12.5% | +13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 Bronxcare Dr Martin Luther King Jr Health Center 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, Bronxcare Dr Martin Luther King Jr Health Center 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 $7.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative costs.
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 Bronxcare Dr Martin Luther King Jr Health Center's IRS 990 filings:
- 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
The following positive indicators were identified for Bronxcare Dr Martin Luther King Jr Health Center:
- 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.
Frequently Asked Questions about Bronxcare Dr Martin Luther King Jr Health Center
Is Bronxcare Dr Martin Luther King Jr Health Center a legitimate charity?
Bronxcare Dr Martin Luther King Jr Health Center (EIN: 132707945) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $47.9M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Bronxcare Dr Martin Luther King Jr Health Center spend its money?
Bronxcare Dr Martin Luther King Jr Health Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bronxcare Dr Martin Luther King Jr Health Center tax-deductible?
Bronxcare Dr Martin Luther King Jr Health Center is registered as a tax-exempt nonprofit (EIN: 132707945). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bronxcare Dr Martin Luther King Jr Health Center's spending goes to programs?
Bronxcare Dr Martin Luther King Jr Health Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bronxcare Dr Martin Luther King Jr Health Center located?
Bronxcare Dr Martin Luther King Jr Health Center is headquartered in Bronx, New York and files with the IRS under EIN 132707945.
How many years of IRS 990 filings does Bronxcare Dr Martin Luther King Jr Health Center have?
Bronxcare Dr Martin Luther King Jr Health Center has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $47.9M in total revenue.
Is Bronxcare Dr Martin Luther King Jr Health Center financially stable?
Yes, the organization appears financially stable, with assets growing from $14,099,697 in 2014 to $57,604,480 in 2023, and consistent annual surpluses, such as the $7,858,169 surplus in 2023.
How has the organization's revenue trended over time?
Revenue has shown a generally upward trend, increasing from $44,421,736 in 2014 to $53,718,372 in 2023, demonstrating sustained financial support and operational capacity.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, suggesting a model where top leadership may be uncompensated or compensated through mechanisms not classified as officer compensation.
Are the organization's assets growing?
Yes, assets have grown substantially, from $14,099,697 in 2014 to $57,604,480 in 2023, indicating strong financial health and capacity building.
Filing History
IRS 990 filing history for Bronxcare Dr Martin Luther King Jr Health Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bronxcare Dr Martin Luther King Jr Health Center's revenue has grown by 50.2%, moving from $35.8M to $53.7M. Total assets increased by 250.5% over the same period, from $16.4M to $57.6M. Total functional expenses rose by 28.6%, from $35.7M to $45.9M. In its most recent filing year (2023), Bronxcare Dr Martin Luther King Jr Health Center reported a surplus of $7.9M, with revenue exceeding expenses. The organization holds $36.1M in liabilities against $57.6M in assets (debt-to-asset ratio: 62.6%), resulting in net assets of $21.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53.7M | $45.9M | $57.6M | $36.1M | — | — |
| 2022 | $53.6M | $46.4M | $47.7M | $34.0M | — | View 990 |
| 2021 | $52.6M | $49.3M | $38.0M | $31.5M | — | View 990 |
| 2020 | $49.5M | $45.0M | $35.9M | $32.5M | — | View 990 |
| 2019 | $52.6M | $49.0M | $28.9M | $30.1M | — | View 990 |
| 2018 | $49.1M | $43.6M | $25.4M | $30.2M | — | View 990 |
| 2017 | $52.9M | $43.8M | $21.6M | $31.9M | — | View 990 |
| 2016 | $47.1M | $43.4M | $15.1M | $34.5M | — | View 990 |
| 2015 | $46.6M | $44.1M | $14.1M | $37.2M | — | View 990 |
| 2014 | $44.4M | $42.2M | $14.1M | $39.7M | — | View 990 |
| 2013 | $42.8M | $42.5M | $14.8M | $42.6M | — | View 990 |
| 2012 | $42.0M | $41.1M | $16.4M | $44.5M | — | View 990 |
| 2011 | $35.8M | $35.7M | $16.4M | $45.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53.7M, expenses of $45.9M, and assets of $57.6M (revenue +0.3% year-over-year).
- 2022: Revenue of $53.6M, expenses of $46.4M, and assets of $47.7M (revenue +1.9% year-over-year).
- 2021: Revenue of $52.6M, expenses of $49.3M, and assets of $38.0M (revenue +6.2% year-over-year).
- 2020: Revenue of $49.5M, expenses of $45.0M, and assets of $35.9M (revenue -5.9% year-over-year).
- 2019: Revenue of $52.6M, expenses of $49.0M, and assets of $28.9M (revenue +7.1% year-over-year).
- 2018: Revenue of $49.1M, expenses of $43.6M, and assets of $25.4M (revenue -7.1% year-over-year).
- 2017: Revenue of $52.9M, expenses of $43.8M, and assets of $21.6M (revenue +12.1% year-over-year).
- 2016: Revenue of $47.1M, expenses of $43.4M, and assets of $15.1M (revenue +1.2% year-over-year).
- 2015: Revenue of $46.6M, expenses of $44.1M, and assets of $14.1M (revenue +4.9% year-over-year).
- 2014: Revenue of $44.4M, expenses of $42.2M, and assets of $14.1M (revenue +3.8% year-over-year).
- 2013: Revenue of $42.8M, expenses of $42.5M, and assets of $14.8M (revenue +1.9% year-over-year).
- 2012: Revenue of $42.0M, expenses of $41.1M, and assets of $16.4M (revenue +17.4% year-over-year).
- 2011: Revenue of $35.8M, expenses of $35.7M, and assets of $16.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bronxcare Dr Martin Luther King Jr Health Center:
Data Sources and Methodology
This transparency report for Bronxcare Dr Martin Luther King Jr Health Center 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.