Community Bridges Inc

Analysis

Community Bridges Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in May 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Bridges Inc reported income of $57.3m and spending of $54.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $40.6m to $57.3m (+41%), an average of +9.0% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Bridges Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NH. Charities of a similar size with the same main cause include Catholic Charities of the Archdiocese of Washington Inc ($57.1m), Burke Center ($57.3m) and Federated Transportation Services of the Bluegrass Inc ($57.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $381k (0.7% of expenses). Other salaries and wages came to $14.2m. At year end it held assets of $19.7m against liabilities of $5.9m, net assets of $13.8m. It reported 533 employees.