Bronxworks Inc
Bronxworks Inc. shows consistent revenue growth and positive net income over the past decade.
EIN: 133254484 · Bronx, NY · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $127.8M |
| Total Expenses | $111.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $113M |
| Net Assets | $22.6M |
| Transparency Score | 85/100 |
Is Bronxworks Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bronxworks Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bronxworks Inc
Bronxworks Inc (EIN: 133254484) is a nonprofit organization based in Bronx, NY, classified under NTEE code P200. The organization reported total revenue of $127.8M and total assets of $129.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bronxworks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bronxworks Inc is a major nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113.5M |
| Total Expenses | $111.3M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $97.2M |
| Total Liabilities | $74.6M |
| Net Assets | $22.6M |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 76.7% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2023, Bronxworks Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 76.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bronxworks Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +10.0% | +77.4% |
| 2022 | +13.7% | +7.1% | +0.3% |
| 2021 | +10.8% | +12.4% | +28.8% |
| 2020 | +14.8% | +13.0% | +39.7% |
| 2019 | +20.6% | +21.0% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Bronxworks Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bronxworks 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 $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.7%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filings, which is unusual for an organization of this size ($113M+ revenue). This either indicates that executive compensation is not reported under 'Officer Comp' or that executives are compensated through other means, warranting further investigation for full transparency.
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 Bronxworks Inc's IRS 990 filings:
- Unusual 0% officer compensation reported, requiring further investigation into executive remuneration practices.
Strengths
The following positive indicators were identified for Bronxworks Inc:
- Consistent and significant revenue growth over a decade, from $39.7M in 2014 to $113.5M in 2023.
- Positive net income in all reported periods, demonstrating financial stability and effective management.
- Substantial growth in assets, from $12.8M in 2014 to $97.2M in 2023, indicating increased capacity.
- Strong financial health with assets consistently exceeding liabilities, e.g., $97.2M assets vs. $74.5M liabilities in 2023.
Frequently Asked Questions about Bronxworks Inc
Is Bronxworks Inc a legitimate charity?
Bronxworks Inc (EIN: 133254484) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $127.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Bronxworks Inc spend its money?
Bronxworks Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bronxworks Inc tax-deductible?
Bronxworks Inc is registered as a tax-exempt nonprofit (EIN: 133254484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bronxworks Inc CEO make?
Bronxworks Inc's highest-compensated officer earns $113M annually. The organization reported $127.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bronxworks Inc's spending goes to programs?
Bronxworks Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bronxworks Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bronxworks Inc is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bronxworks Inc located?
Bronxworks Inc is headquartered in Bronx, New York and files with the IRS under EIN 133254484. It is classified under NTEE code P200.
How many years of IRS 990 filings does Bronxworks Inc have?
Bronxworks Inc 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 $127.8M in total revenue.
Is Bronxworks Inc. a good charity?
Based on the provided financial data, Bronxworks Inc. appears to be a well-managed charity with consistent revenue growth and positive net income, indicating financial stability and capacity to deliver on its mission. Its assets have also grown substantially over the past decade.
How has Bronxworks Inc.'s revenue grown over time?
Bronxworks Inc. has experienced significant revenue growth, increasing from $39,787,849 in 2014 to $113,536,663 in 2023, demonstrating a strong upward trend in its financial capacity.
What is the trend in Bronxworks Inc.'s assets?
The organization's assets have shown substantial growth, from $12,864,125 in 2014 to $97,204,585 in 2023, indicating an increasing resource base.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is unusual for an organization of this scale. It could mean that compensation is reported under different categories, or that executive leadership is entirely volunteer-based, which would be highly commendable but requires further verification for clarity on executive remuneration practices.
Does Bronxworks Inc. operate with a surplus or deficit?
Bronxworks Inc. consistently operates with a surplus, as its revenues have generally exceeded its expenses in all reported periods, for example, $113,536,663 revenue vs. $111,253,565 expenses in 2023, indicating sound financial management.
Filing History
IRS 990 filing history for Bronxworks Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bronxworks Inc's revenue has grown by 216.7%, moving from $35.9M to $113.5M. Total assets increased by 634.7% over the same period, from $13.2M to $97.2M. Total functional expenses rose by 212.5%, from $35.6M to $111.3M. In its most recent filing year (2023), Bronxworks Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $74.6M in liabilities against $97.2M in assets (debt-to-asset ratio: 76.7%), resulting in net assets of $22.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113.5M | $111.3M | $97.2M | $74.6M | — | View 990 |
| 2022 | $107.7M | $101.1M | $54.8M | $34.8M | — | View 990 |
| 2021 | $94.8M | $94.4M | $54.6M | $40.2M | — | View 990 |
| 2020 | $85.5M | $84.0M | $42.4M | $28.8M | — | View 990 |
| 2019 | $74.5M | $74.4M | $30.3M | $18.3M | — | View 990 |
| 2018 | $61.8M | $61.5M | $27.1M | $15.4M | — | View 990 |
| 2017 | $58.7M | $57.9M | $26.4M | $14.8M | — | — |
| 2016 | $54.0M | $52.3M | $21.2M | $10.4M | — | View 990 |
| 2015 | $45.6M | $45.1M | $15.7M | $6.5M | — | View 990 |
| 2014 | $39.8M | $39.7M | $12.9M | $4.2M | — | View 990 |
| 2013 | $38.2M | $38.1M | $12.5M | $3.9M | — | View 990 |
| 2012 | $36.6M | $36.0M | $13.8M | $5.4M | — | View 990 |
| 2011 | $35.9M | $35.6M | $13.2M | $4.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113.5M, expenses of $111.3M, and assets of $97.2M (revenue +5.4% year-over-year).
- 2022: Revenue of $107.7M, expenses of $101.1M, and assets of $54.8M (revenue +13.7% year-over-year).
- 2021: Revenue of $94.8M, expenses of $94.4M, and assets of $54.6M (revenue +10.8% year-over-year).
- 2020: Revenue of $85.5M, expenses of $84.0M, and assets of $42.4M (revenue +14.8% year-over-year).
- 2019: Revenue of $74.5M, expenses of $74.4M, and assets of $30.3M (revenue +20.6% year-over-year).
- 2018: Revenue of $61.8M, expenses of $61.5M, and assets of $27.1M (revenue +5.3% year-over-year).
- 2017: Revenue of $58.7M, expenses of $57.9M, and assets of $26.4M (revenue +8.7% year-over-year).
- 2016: Revenue of $54.0M, expenses of $52.3M, and assets of $21.2M (revenue +18.5% year-over-year).
- 2015: Revenue of $45.6M, expenses of $45.1M, and assets of $15.7M (revenue +14.5% year-over-year).
- 2014: Revenue of $39.8M, expenses of $39.7M, and assets of $12.9M (revenue +4.1% year-over-year).
- 2013: Revenue of $38.2M, expenses of $38.1M, and assets of $12.5M (revenue +4.5% year-over-year).
- 2012: Revenue of $36.6M, expenses of $36.0M, and assets of $13.8M (revenue +2.0% year-over-year).
- 2011: Revenue of $35.9M, expenses of $35.6M, and assets of $13.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bronxworks Inc:
Data Sources and Methodology
This transparency report for Bronxworks 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.