The Bridge Institute Inc

Analysis

The Bridge Institute Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Bridge Institute Inc reported income of $56k and spending of $85k, spending 152% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $45k to $56k (+24%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Bridge Institute Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Forever Homes for Foster Kids ($56k), Horses for Healing Therapeutic Riding Center ($56k) and South Whidbey Tilth Association ($56k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $19k against liabilities of $13k, net assets of $6,320.