Bridgemark Inc

Analysis

Bridgemark Inc is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2024, Bridgemark Inc reported income of $2.6m and spending of $2.9m, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.5m to $2.6m (+3.7%), an average of +0.7% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bridgemark Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within RI. Charities of a similar size with the same main cause include Hems Inc ($2.6m), The Healthy US Collaborative Inc ($2.6m) and Haley Center Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.1% and program service revenue 96% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $4.3m against liabilities of $111k, net assets of $4.2m. It reported 50 employees.