Bridge of Hope Communitydevelopment Corporation

Analysis

Bridge of Hope Communitydevelopment Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bridge of Hope Communitydevelopment Corporation reported income of $72k and spending of $4,386, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $72k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2022, when income rose by 313%. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bridge of Hope Communitydevelopment Corporation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include Shomrey Brit Kodesh Org Corp ($72k), Wildstream Experiential Resources ($72k) and Gary Haines Evangelistic Association Inc ($72k).

At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.