Bridge II Sports

Analysis

Bridge II Sports is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Bridge II Sports reported income of $942k and spending of $1.0m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $611k to $942k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bridge II Sports sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Washington County Agricultural & Mechanical Association ($941k), Main Street Park Alliance ($942k) and Wpga Junior Foundation Inc ($941k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $150k (15% of expenses). Other salaries and wages came to $264k. At year end it held assets of $824k against liabilities of $444k, net assets of $380k. It reported 11 employees.