Bridge Housing Corporation

Analysis

Bridge Housing Corporation is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Bridge Housing Corporation reported income of $137k and spending of $220k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $122k to $137k (+12%), an average of +3.0% a year. Over the whole period it spent 141% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridge Housing Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OR. Charities of a similar size with the same main cause include Grand Marais Citizens Housing Authority Inc ($137k), Valentine Court II Inc ($137k) and Second Chance Recovery Center Inc ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $992k against liabilities of $46k, net assets of $946k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.