Bridges to Community Inc

Analysis

Bridges to Community Inc is a registered charity in United States, based in Crugers, NY. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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 December 2023, Bridges to Community Inc reported income of $550k and spending of $495k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $550k (-62%), an average of -22% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridges to Community Inc sits at the 70th percentile: it is larger than about 70% 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 Lynda Tait Ministries Inc ($550k), Bram Institute Corporation ($550k) and St Johns Lutheran Hospital Foundation Inc ($550k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $54k (11% of expenses). Other salaries and wages came to $61k. At year end it held assets of $343k against liabilities of $33k, net assets of $310k. It reported 1 employees.