Bridgeport Hope School Inc

Analysis

Bridgeport Hope School Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in March 2000, 26 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 December 2023, Bridgeport Hope School Inc reported income of $211k and spending of $218k, spending 103% of its income. Across the 5 years on record, from June 2019 to December 2023, income fell from $232k to $211k (-9.3%), an average of -2.4% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridgeport Hope School Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CT. Charities of a similar size with the same main cause include Cedar Hill Isd Education Foundation Inc ($211k), Friends of the University Park Public Library ($211k) and Hillcrest Country Club Charitable Fund ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Other salaries and wages came to $131k. At year end it held assets of $96k against liabilities of $15k, net assets of $81k.