The Bridgeway Group Inc

Analysis

The Bridgeway Group Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, The Bridgeway Group Inc reported income of $232k and spending of $223k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $232k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Bridgeway Group Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Gateway Technology Center Inc ($232k), The Utah Land Use Institute ($232k) and Brentwood Country Club Employee Scholarship Fund ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $8,375 (3.8% of expenses). At year end it held assets of $54k against liabilities of $0, net assets of $54k.