Neuse River Bridge Run

Analysis

Neuse River Bridge Run is a registered charity in United States, based in New Bern, NC. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Neuse River Bridge Run reported income of $95k and spending of $89k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $95k (-1.0%), an average of -1.0% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Neuse River Bridge Run sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Sullivan South Area Community Chest ($95k), The Progressives-Harambe Inc NFP ($95k) and Caitlin Robb Foundation Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.