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Bancroft a New Jersey Non Profit Corporation

Also known as Bancroft Neurohealth a New Jersey Non Profit

Cherry Hill, NJ · EIN 21-0672770 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Bancroft a New Jersey Non Profit Corporation reported $286.8 million in revenue and $271.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.86 went to program services, $14.71 to management and general costs and $0.43 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.6% of the total. Government grants made up 10.1%. The highest compensation it reported for one person was $760,044 (PRESIDENT AND CEO). 171 people received more than $100,000 in reportable compensation. Revenue rose 58% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $271M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $287M

Other revenue was negative: −$35,243. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.9%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
14.7%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.4%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
10.9%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
10.1%2.4%
Program service revenue share
Part VIII 2g ÷ 12
87.6%70.8%
Highest reported compensation
Part VII-A, columns D–F
$760,044$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.28%1.18%
People paid over $100,000
Part VII, line 2
1716
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.56.9
Independent voting board members
Part VI 1a–1b
17 of 18100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$230M expenses · 100.0% of program spending · revenue $251M

Bancroft owns and operates 4 schools, 3 residential campuses, 3 bancroft neurorehab outpatient centers and over 240 group homes/supported apartments in New Jersey, pennsylvania and delaware serving approximately 2,200 individuals annually. Integrated health & wellness: bancroft healthcare services are provided on-site and in-program by a specialized team of licensed independent practitioners. The team is responsible for interlacing medical care and coordinating appointments and medical information for the betterment of those we serve. Onsite medical and psychiatry care is available in many…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Director/trustee, officer, 44.00 hrs/week
$707,840$0$52,204$760,044
TREASURER/CFO
Officer, 43.00 hrs/week
$357,273$0$11,585$368,858
CHIEF PROGRAM OFFICER
Key employee, 40.00 hrs/week
$288,617$0$60,880$349,497
CHIEF HR OFFICER - UNTIL 2/25
Highest compensated employee, 40.00 hrs/week
$284,822$0$40,852$325,674
CHIEF CLINICAL OFFICER
Highest compensated employee, 40.00 hrs/week
$257,295$0$38,567$295,862
CHIEF DEVELOPMENT OFFICER
Highest compensated employee, 40.00 hrs/week
$239,818$0$18,355$258,173
CLO/SECRETARY - UNTIL 08/24
Officer, 43.00 hrs/week
$235,945$0$14,597$250,542
CORPORATE CONTROLLER
Highest compensated employee, 40.00 hrs/week
$212,134$0$6,840$218,974

171 people received more than $100,000 in reportable compensation from Bancroft a New Jersey Non Profit Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.8M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$287M$271M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$287M$271M84.9%$80M$760,044
FY2024 ⓘ$266M$255M85.5%$64M$721,154
FY2023 ⓘ$237M$236M84.9%$50M$701,402
FY2022 ⓘ$215M$210M85.3%$48M$661,175
FY2021 (amended) ⓘ$199M$197M85.0%$49M$825,853
FY2020 ⓘ$182M$178M85.4%$50M$756,662

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b18 · 17 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 54,097
  • Volunteers Part I, line 642

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MED-METRIX LLC
Revenue recovery services
$1,112,514
DEXANDCO LLC
Janitorial services
$989,324
VOORHEES PEDIATRIC REHAB SERVICES
Rehabilitation services
$652,798
ONSITE INNOVATIONS
Injury prevention services
$406,066
SENACARE LLC
Medical services
$401,403

Individuals listed as contractors are left out. 34 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Bancroft a New Jersey Non Profit Corporation totaling $36,350 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Bancroft a New Jersey Non Profit Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bancroft a New Jersey Non Profit Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in New Jersey

Questions people ask

How much of Bancroft a New Jersey Non Profit Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, Bancroft a New Jersey Non Profit Corporation reported that 84.9% of its $271.1 million in expenses went to program services, 14.7% to management and general and 0.4% to fundraising (Form 990, Part IX).

How much does Bancroft a New Jersey Non Profit Corporation pay its top executive?

The largest total compensation Bancroft a New Jersey Non Profit Corporation reported for one person in the fiscal year ending June 30, 2025 was $760,044, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Bancroft a New Jersey Non Profit Corporation get its money?

Of $286.8 million in revenue in the fiscal year ending June 30, 2025, 10.9% came from contributions and grants (including 10.1% from government grants) and 87.6% from program service revenue (Form 990, Part VIII).

Is Bancroft a New Jersey Non Profit Corporation a registered charity?

The IRS lists EIN 21-0672770 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601319349305330 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541339349302364 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401349349302815 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321299349302712 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021 (amended), object 202301999349301215 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131339349305353 · read the filing

All filings for EIN 21-0672770: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.