Bridges Associates Inc

Analysis

Bridges Associates Inc is a registered charity in United States, based in Yarmouth Port, MA. It received its IRS tax-exemption ruling in April 1990, 36 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 2024, Bridges Associates Inc reported income of $137k and spending of $108k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $122k to $137k (+12%), an average of +12% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridges Associates Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Moose Lake Area Food Shelf ($137k), Mindful Muslimah Inc ($137k) and Lighthouse Inc ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 69% of the total. At year end it held assets of $149k against liabilities of $1,447, net assets of $148k.