Bridging the Gap Africa Inc
Analysis
Bridging the Gap Africa Inc is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Bridging the Gap Africa Inc reported income of $277k and spending of $248k, spending 89% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $230k to $277k (+20%), an average of +9.7% a year. Over the whole period it spent 80% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bridging the Gap Africa Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Universal Promise ($276k), Teach with Africa ($277k) and Educational Center for New Americans Inc ($276k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $75k. At year end it held assets of $516k against liabilities of $0, net assets of $516k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Universal Promise | Newport | $276k |
| Teach with Africa | San Francisco | $277k |
| Educational Center for New Americans Inc | Rego Park | $276k |
| Heartbeat for Hope Inc | Edmond | $277k |