Bridges School Early Childhoodprogram Inc

Analysis

Bridges School Early Childhoodprogram Inc is a registered charity in United States, based in Cos Cob, CT. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Bridges School Early Childhoodprogram Inc reported income of $1.4m and spending of $1.6m, spending 112% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.4m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to August 2023, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridges School Early Childhoodprogram Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within CT. Charities of a similar size with the same main cause include Great Hearts Louisiana Inc ($1.4m), Commitment to Excellence Inc ($1.4m) and Partnership for a Better San Diego ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $123k (7.8% of expenses). Other salaries and wages came to $709k. At year end it held assets of $1.4m against liabilities of $978k, net assets of $393k. It reported 28 employees.