Bridgton Community Center

Analysis

Bridgton Community Center is a registered charity in United States, based in Bridgton, ME. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Bridgton Community Center reported income of $210k and spending of $195k, spending 93% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $237k to $210k (-11%), an average of -5.7% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bridgton Community Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 48th percentile within ME. Charities of a similar size with the same main cause include Foundation for Outdoor Advertising Research and Education ($210k), Relationship Unleashed ($210k) and Achievement Unlimited Foundation ($210k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $52k (27% of expenses). Other salaries and wages came to $51k. It paid $5,130 in professional fundraising fees. At year end it held assets of $97k against liabilities of $1,129, net assets of $96k. It reported 5 employees.