Building Bridges Child Development

Analysis

Building Bridges Child Development is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Building Bridges Child Development reported income of $2.7m and spending of $2.0m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.7m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Building Bridges Child Development sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NM. Charities of a similar size with the same main cause include Foundation for Accounting Education Inc ($2.7m), Cape Fear Montessori Village Inc ($2.7m) and Constellation Schools Puritans Community Elementary ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $220k (11% of expenses). Other salaries and wages came to $812k. At year end it held assets of $2.4m against liabilities of $35k, net assets of $2.4m. It reported 57 employees.