Golden Bridge

Analysis

Golden Bridge is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending April 2023, Golden Bridge reported income of $623k and spending of $707k, spending 114% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $468k to $623k (+33%), an average of +7.4% a year. The sharpest change came in the year to April 2022, when income rose by 80%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Bridge sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Albia Pre-School and Day Care Center Inc ($623k), Cypress Education Foundation ($623k) and The Payton Wright Foundation Inc ($623k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $104k. At year end it held assets of $23k against liabilities of $14k, net assets of $9,053. It reported 15 employees.