Bridge School Inc
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
Where the income comes from
- Contributions & grants 8.5%
- Program services 89%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Carolina First Steps to School Readiness Board of Trustees | Greenwood | $560k |
| Florida Truckers Institute Inc | New PRT Rchy | $560k |
| Ryan Bartel Foundation Inc | Waterford | $560k |
| Corner School | Flushing | $561k |