Bridges for Brain Injury Inc

Analysis

Bridges for Brain Injury Inc is a registered charity in United States, based in Farmington, NY. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Bridges for Brain Injury Inc reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $896k to $1.5m (+65%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bridges for Brain Injury Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Counseling Center Inc ($1.5m), Minding Your Mind ($1.5m) and Southern York County Emergency Medical Services ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $92k (7.1% of expenses). Other salaries and wages came to $692k. At year end it held assets of $1.7m against liabilities of $979k, net assets of $698k. It reported 32 employees.