Bridge Academy and Community Center Inc

Analysis

Bridge Academy and Community Center Inc is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Bridge Academy and Community Center Inc reported income of $776k and spending of $689k, spending 89% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $340k to $776k (+128%), an average of +23% a year. The sharpest change came in the year to March 2022, when income rose by 70%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge Academy and Community Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Center for Change ($776k), Southwest Food Program Inc ($776k) and Mustard Seed Ranch Inc ($776k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $105k (15% of expenses). Other salaries and wages came to $323k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 21 employees.