Bronxcare Health System
Bronxcare Health System shows consistent revenue growth and positive operating margins over the past decade.
EIN: 131974191 · Bronx, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1B |
| Total Expenses | $927.9M |
| Program Spending | 90% |
| Net Assets | $410.9M |
| Transparency Score | 85/100 |
Is Bronxcare Health System Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bronxcare Health System directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bronxcare Health System
Bronxcare Health System (EIN: 131974191) is a nonprofit organization based in Bronx, NY, classified under NTEE code E220. The organization reported total revenue of $1.1B and total assets of $1.0B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bronxcare Health System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bronxcare Health System is a major nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $950.1M |
| Total Expenses | $927.9M |
| Surplus / Deficit | +$22.2M |
| Total Assets | $971.5M |
| Total Liabilities | $560.6M |
| Net Assets | $410.9M |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 57.7% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, Bronxcare Health System reported a surplus of $22.2M with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 57.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bronxcare Health System's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | +5.8% | +5.7% |
| 2022 | +5.7% | +3.6% | +28.7% |
| 2021 | +7.7% | +3.8% | -3.9% |
| 2020 | +8.3% | +6.3% | +32.0% |
| 2019 | -1.5% | -0.5% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
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 Health System with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Bronxcare Health System allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $22.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.7%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is unusual for an organization of this size and revenue, suggesting that executive compensation may be structured or reported differently, or not directly paid by the organization in a way that triggers this specific reporting line on the 990.
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 Health System's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp for a large organization)
Strengths
The following positive indicators were identified for Bronxcare Health System:
- Consistent revenue growth over a decade (from $680M in 2014 to $950M in 2023)
- Positive operating margins year over year (e.g., $22M surplus in 2023)
- Significant asset growth, nearly tripling from $402M to $971M over 10 years
- Strong financial stability with assets consistently exceeding liabilities
- Regular and consistent IRS 990 filing history
Frequently Asked Questions about Bronxcare Health System
Is Bronxcare Health System a legitimate charity?
Based on AI analysis of IRS 990 filings, Bronxcare Health System (EIN: 131974191) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Bronxcare Health System spend its money?
Bronxcare Health System directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bronxcare Health System tax-deductible?
Bronxcare Health System is registered as a tax-exempt nonprofit (EIN: 131974191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bronxcare Health System's spending goes to programs?
Bronxcare Health System directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bronxcare Health System compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bronxcare Health System is above average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bronxcare Health System located?
Bronxcare Health System is headquartered in Bronx, New York and files with the IRS under EIN 131974191. It is classified under NTEE code E220.
How many years of IRS 990 filings does Bronxcare Health System have?
Bronxcare Health System 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 $1.1B in total revenue.
How is executive compensation structured if 0% is reported on the 990?
The consistent reporting of 0% officer compensation across all filings for an organization with over $950 million in revenue suggests that executive compensation might be paid through a related entity, or that the individuals serving as officers are compensated in a manner not captured under this specific line item on the IRS Form 990.
What is the primary driver of the consistent revenue growth?
As a healthcare system (NTEE E220), the consistent revenue growth from $680 million in 2014 to $950 million in 2023 is likely driven by increased patient volume, expansion of services, adjustments in reimbursement rates, and potentially strategic acquisitions or partnerships within the Bronx community.
What is the organization's long-term debt strategy given the increasing liabilities?
While liabilities have increased from $387 million in 2014 to $560 million in 2023, assets have grown at a faster rate, from $402 million to $971 million. This suggests that the increase in liabilities is likely tied to strategic investments in assets, such as facility expansion or equipment upgrades, rather than an unsustainable debt burden.
Filing History
IRS 990 filing history for Bronxcare Health System showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bronxcare Health System's revenue has grown by 64%, moving from $579.3M to $950.1M. Total assets increased by 162.7% over the same period, from $369.8M to $971.5M. Total functional expenses rose by 60.7%, from $577.3M to $927.9M. In its most recent filing year (2023), Bronxcare Health System reported a surplus of $22.2M, with revenue exceeding expenses. The organization holds $560.6M in liabilities against $971.5M in assets (debt-to-asset ratio: 57.7%), resulting in net assets of $410.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $950.1M | $927.9M | $971.5M | $560.6M | — | — |
| 2022 | $951.0M | $877.2M | $919.3M | $569.0M | — | View 990 |
| 2021 | $899.4M | $847.1M | $714.4M | $504.8M | — | View 990 |
| 2020 | $835.1M | $815.7M | $743.3M | $648.8M | — | View 990 |
| 2019 | $771.4M | $767.1M | $563.3M | $474.3M | — | View 990 |
| 2018 | $783.4M | $770.6M | $550.6M | $452.3M | — | View 990 |
| 2017 | $750.8M | $738.7M | $508.0M | $446.3M | — | View 990 |
| 2016 | $715.5M | $706.7M | $432.9M | $395.0M | — | View 990 |
| 2015 | $701.0M | $696.4M | $417.8M | $384.0M | — | View 990 |
| 2014 | $680.3M | $661.6M | $402.9M | $387.6M | — | View 990 |
| 2013 | $631.0M | $630.7M | $391.9M | $339.7M | — | View 990 |
| 2012 | $607.0M | $611.0M | $379.9M | $383.8M | — | View 990 |
| 2011 | $579.3M | $577.3M | $369.8M | $379.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $950.1M, expenses of $927.9M, and assets of $971.5M (revenue -0.1% year-over-year).
- 2022: Revenue of $951.0M, expenses of $877.2M, and assets of $919.3M (revenue +5.7% year-over-year).
- 2021: Revenue of $899.4M, expenses of $847.1M, and assets of $714.4M (revenue +7.7% year-over-year).
- 2020: Revenue of $835.1M, expenses of $815.7M, and assets of $743.3M (revenue +8.3% year-over-year).
- 2019: Revenue of $771.4M, expenses of $767.1M, and assets of $563.3M (revenue -1.5% year-over-year).
- 2018: Revenue of $783.4M, expenses of $770.6M, and assets of $550.6M (revenue +4.3% year-over-year).
- 2017: Revenue of $750.8M, expenses of $738.7M, and assets of $508.0M (revenue +4.9% year-over-year).
- 2016: Revenue of $715.5M, expenses of $706.7M, and assets of $432.9M (revenue +2.1% year-over-year).
- 2015: Revenue of $701.0M, expenses of $696.4M, and assets of $417.8M (revenue +3.0% year-over-year).
- 2014: Revenue of $680.3M, expenses of $661.6M, and assets of $402.9M (revenue +7.8% year-over-year).
- 2013: Revenue of $631.0M, expenses of $630.7M, and assets of $391.9M (revenue +4.0% year-over-year).
- 2012: Revenue of $607.0M, expenses of $611.0M, and assets of $379.9M (revenue +4.8% year-over-year).
- 2011: Revenue of $579.3M, expenses of $577.3M, and assets of $369.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bronxcare Health System:
Data Sources and Methodology
This transparency report for Bronxcare Health System 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.