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Bridge School Inc

RegisteredEIN 03-0275055Middlebury, VTEducation and training
Income$560k2023-06
Spending$570ksame year
Spent / received93%5-year average
Size in its cause69th pctEducation and training
Exempt since1980School
Employees19latest return

Analysis

Bridge School Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bridge School Inc reported income of $560k and spending of $570k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $317k to $560k (+77%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridge School Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 67th percentile within VT. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($560k), Florida Truckers Institute Inc ($560k) and Ryan Bartel Foundation Inc ($560k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.5% and program service revenue 89% of the total. Other salaries and wages came to $397k. It paid $459 in professional fundraising fees. At year end it held assets of $504k against liabilities of $133k, net assets of $371k. It reported 19 employees.

Income and spending

$0$169k$339k$508k$678k2019 Income: $317,4402019 Spending: $322,82020192020 Income: $361,5212020 Spending: $390,56920202021 Income: $577,4842021 Spending: $445,87420212022 Income: $677,7642022 Spending: $592,68420222023 Income: $560,4072023 Spending: $570,0752023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.5%
  • Program services 89%
  • Other 2.2%

Similar-sized charities, same cause

CharityLocationIncome
South Carolina First Steps to School Readiness Board of TrusteesGreenwood$560k
Florida Truckers Institute IncNew PRT Rchy$560k
Ryan Bartel Foundation IncWaterford$560k
Corner SchoolFlushing$561k