Bridges of Hope

Analysis

Bridges of Hope is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 of Hope reported income of $171k and spending of $133k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $211k to $171k (-19%), an average of -6.8% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 83% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bridges of Hope sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within SD. Charities of a similar size with the same main cause include Ekwulobia Catholic Diocese ($171k), Ezekiel 37 Medical Ministry Inc ($171k) and American Friends of the Umm El-Fahem Museum of Contemporary Ar ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.