Bridge to Life Inc

Analysis

Bridge to Life Inc is a registered charity in United States, based in College Point, NY. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover health care, 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 February 2023, Bridge to Life Inc reported income of $569k and spending of $382k, leaving 33% of income unspent that year. Across the 5 years on record, from February 2019 to February 2023, income grew from $204k to $569k (+178%), an average of +29% a year. The sharpest change came in the year to February 2020, when income rose by 106%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bridge to Life 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 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Kids Hurt Too Hawaii ($569k), Last Chance Treatment Foundation Corp ($569k) and De Paul Qalicb Inc ($569k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $79k (21% of expenses). Other salaries and wages came to $70k. At year end it held assets of $1.1m against liabilities of $1,610, net assets of $1.1m. It reported 5 employees.