Bridges Community Academy

Analysis

Bridges Community Academy is a registered charity in United States, based in Tiffin, OH. It received its IRS tax-exemption ruling in March 2022, 4 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending June 2023, Bridges Community Academy reported income of $1.6m and spending of $877k, leaving 46% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $825k to $1.6m (+96%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 98%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridges Community Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Outfront Minnesota Community Services ($1.6m), Margaret Smith Weeks & Marie Stuart Smith Memorial Charitable Trust ($1.6m) and St Peters Orphanage Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $484k. At year end it held assets of $1.1m against liabilities of $2.7m, net assets of -$1.6m.