Bronxcare Health System
86% goes to programs $0 to raise $100 Growing revenue
Bronxcare Health System is a 501(c)(3) organization based in Bronx, New York, registered in 1941, with $1,054,193,847 in FY2024 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
1276 Fulton Ave, Bronx, NY, 10456 EIN 13-1974191 Since 1941
Revenue (FY2024)
$1.1B
▲ 11.0% vs prior year
Health median: $840K
Expenses (FY2024)
$1.0B
Net assets
$501.7M
Employees
4,571
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bronxcare Health System: 86% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bronxcare Health System: 6 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bronxcare Health System: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bronxcare Health System: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To deliver the highest quality of healthcare services to the bronx community.
Contact & location
- Address
- 1276 Fulton Ave, Bronx, NY, 10456
- City
- Bronx
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $631.0M (FY2013) to $1.1B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $527.7MNet assets $501.7M
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0B
Total liabilities
$527.7M
Net assets
$501.7M
Salaries & benefits
$612.2M
60% of expenses
Board members
13
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,054,193,847▲11.0% | $1,018,813,023▲9.8% | $501,736,038▲22.1% | $1,029,428,560▲6.0% | 990 |
| 2023 | $950,080,223▼0.1% | $927,923,862▲5.8% | $410,896,563▲17.3% | $971,494,559▲5.7% | 990 |
| 2022 | $950,981,700▲5.7% | $877,213,112▲3.6% | $350,288,576▲67.1% | $919,250,370▲28.7% | 990 |
| 2021 | $899,372,037▲7.7% | $847,061,773▲3.8% | $209,577,491▲122% | $714,368,274▼3.9% | 990 |
| 2020 | $835,076,495▲8.3% | $815,727,688▲6.3% | $94,555,610▲6.2% | $743,333,524▲32.0% | 990 |
| 2019 | $771,397,465▼1.5% | $767,116,056▼0.5% | $88,996,341▼9.5% | $563,251,621▲2.3% | 990 |
| 2018 | $783,358,560▲4.3% | $770,627,566▲4.3% | $98,348,960▲59.3% | $550,639,592▲8.4% | 990 |
| 2017 | $750,840,814▲4.9% | $738,748,330▲4.5% | $61,752,276▲63.0% | $508,017,589▲17.4% | 990 |
| 2016 | $715,451,511▲2.1% | $706,727,413▲1.5% | $37,891,624▲12.1% | $432,856,061▲3.6% | 990 |
| 2015 | $701,001,252▲3.0% | $696,363,071▲5.3% | $33,788,510▲120% | $417,796,896▲3.7% | 990 |
| 2014 | $680,259,090▲7.8% | $661,550,726▲4.9% | $15,323,878▼70.7% | $402,874,206▲2.8% | 990 |
| 2013 | $631,049,304 | $630,701,624▲3.2% | $52,236,816▲1455% | $391,925,467▲3.2% | 990 |
| 2012 | — | $611,017,442▲5.8% | -$3,855,202▲59.8% | $379,914,280▲2.7% | 990 |
| 2011 | — | $577,336,456▼7.2% | -$9,593,632▼144% | $369,776,577▼2.3% | 990 |
| 2010 | — | $622,454,837 | $21,899,165 | $378,603,730 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Mr Miguel A Fuentes Jr — $2,320,314 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mr Miguel A Fuentes Jr | President and Ceo | 40 | $2,320,314 |
| Dr Magdy Mikhail | Chairman-ob/gyn & Cmo | 40 | $1,390,930 |
| Mr Victor G Demarco | Senior Vice President/cfo | 40 | $1,078,573 |
| Dr Ramesh Babu | Associate Dir, Neurosurgery | 40 | $1,040,467 |
| Dr Alaaddin Sharha | Physician-psychiatry | 40 | $928,691 |
| Dr Robert Favelukes | Chairman-emergency Department | 40 | $902,695 |
| Dr Ira Kirschenbaum | Chairman-orthopedics | 40 | $901,508 |
| Mr Hiram Torres | Vice President-operations | 40 | $577,476 |
| Mr Robert Sancho | Vp - External Affairs | 40 | $549,266 |
| Ms Erica Dusseldorp | Vice President - Nursing | 40 | $477,176 |
| Mr Jon Hughes | Vp - Revenue Cycle Mgmt | 40 | $352,814 |
| Ms Patricia Cahill | Vice President-nursing | 40 | $324,268 |
| Mr Fredrick Gilbert | Chairman | 4 | — |
| Mr John R Colon | Assistant Secretary | 2 | — |
| Mr Ricardo Fernandez Phd | Board Member | 2 | — |
| Mr Steven Landgraber | Board Member | 2 | — |
| Mr William Aguado | Board Member | 2 | — |
| Ms Barbara A Lowe Rn Mph | Board Member | 2 | — |
| Ms Cristina Toosie | Vice Chairperson/secretary | 3 | — |
| Ms Haydee Morales | Board Member | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Medical Solutions LLC | Staffing | $15,450,664 |
| North American Partners In Anesthesia LLP | Physician Staffing | $12,381,349 |
| Tri State Contracting Group Corp | Construction | $12,009,733 |
| Aramark Services Inc | Management | $11,727,345 |
| Nurses 247 | Staffing | $10,992,470 |
Grants received · $11.9M total
34 grants to Bronxcare Health System totaling $11.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Robin Hood Foundation | Poverty relief | 2024 | $255,000 |
| Montefiore Medical Center | Subrecipient grant | 2024 | $180,488 |
| President and Fellows of Harvard College | Sponsored research sub-award | 2023 | $447,809 |
| Robin Hood Foundation | Poverty relief | 2023 | $255,000 |
| Montefiore Medical Center | Subrecipient grant | 2023 | $104,657 |
| President and Fellows of Harvard College | Sponsored research sub-award | 2022 | $803,068 |
| Johns Hopkins University | Sub-award | 2022 | $176,820 |
| Montefiore Medical Center | Subrecipient grant | 2022 | $13,291 |
| President and Fellows of Harvard College | Sponsored research sub-award | 2021 | $619,157 |
| Montefiore Medical Center | Grant subrecipient | 2021 | $154,402 |
| Mount Sinai Hospital | Fund strategic project | 2020 | $1,000,000 |
| President and Fellows of Harvard College | Sponsored research sub-award | 2020 | $591,357 |
| Montefiore Medical Center | Grant subrecipient | 2020 | $166,318 |
| Johns Hopkins University | Sub-award | 2020 | $132,478 |
| Matthew 25 Ministries Inc | Humanitarian aid | 2020 | $75,000 |
Grants made · $20K in FY2020
2 grants totaling $20K in FY2020. All grants made by Bronxcare Health System →
| Recipient | Purpose | Amount |
|---|---|---|
| Bronxcare New Directions Fund | General support | $10,000 |
| Bronxcare New Directions Fund | General support | $10,000 |
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Compare Bronxcare Health System
Frequently asked questions
- Is Bronxcare Health System a legitimate nonprofit?
- Yes. Bronxcare Health System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-1974191, based in Bronx, New York. Donations are tax-deductible.
- What is Bronxcare Health System's EIN?
- Bronxcare Health System's Employer Identification Number (EIN) is 13-1974191.
- How much revenue does Bronxcare Health System report?
- Bronxcare Health System reported $1,054,193,847 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Bronxcare Health System's spending goes to programs?
- Bronxcare Health System spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Bronxcare Health System have?
- CharityIndex grades Bronxcare Health System A, based on program efficiency and fundraising cost.
- How much does Bronxcare Health System's highest-paid employee make?
- The highest reported compensation on Bronxcare Health System's latest Form 990 is $2,320,314, paid to Mr Miguel A Fuentes Jr (President and Ceo).
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Data for Bronxcare Health System (EIN 13-1974191) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.