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South Bronx Overall Economic Development

Bronx, New York · EIN 13-2736022 · Community Improvement · tax-exempt since 1973

C

Charity Clarity grade C (score 54.9 of 100), based on the Form 990 for the year ended June 2023.

Graded against 9,569 community improvement nonprofits with revenue $2M–$10M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.4.6 months100
GovernanceBoard independence, key policies and audit, per the 990.82% of practices82
Margin stabilityHow steady the surplus or deficit is year to year.8
Revenue spreadHow much revenue rests on one type of income.98% from one source21
Filing recordOn-time, complete filings, year after year.0%0
Program spendingSelf-reported by the filer.93.2%not scored
Management costsShare of spending.3.4%not scored
Cost to raise $1Fundraising cost per dollar given.$0.01not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

201620172018201920202021202220232023grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Jun 2023Form 990$5.35M$2.82M$2.53M$1.08M4.60C
Mar 2023Form 990$8.86M$10.67M−$1.81M$3.81M4.3358C
Mar 2022Form 990$12.02M$12.19M−$174K$4.69M4.6366A
Mar 2021Form 990$8.30M$8.24M$69K$4.86M7.1366C
Mar 2020Form 990$15.13M$11.27M$3.87M$5.08M5.4409B
Mar 2019Form 990$14.51M$12.73M$1.78M$1.20M1.1479C
Mar 2018Form 990$11.28M$14.03M−$2.74M−$576K-0.5492D
Mar 2017Form 990$10.36M$11.16M−$797K$2.12M2.3520B
Mar 2016Form 990$10.11M$10.44M−$330K$2.91M3.3395B

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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