Bridge East 5 Corporation

Analysis

Bridge East 5 Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Bridge East 5 Corporation reported income of $76k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $65k to $76k (+17%), an average of +4.1% a year. Over the whole period it spent 0.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridge East 5 Corporation sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Terrace Homes Inc ($76k), Kashale Orphanage Inc ($76k) and Passavant Memorial Homes VII ($76k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.9m against liabilities of $90k, net assets of $1.8m.