Newbridge Services Inc

Analysis

Newbridge Services Inc is a registered charity in United States, based in Pompton Plains, NJ. It received its IRS tax-exemption ruling in May 1964, 62 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Newbridge Services Inc reported income of $11.5m and spending of $11.5m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $11.4m to $11.5m (+1.1%), an average of +0.4% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Newbridge Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Northeast Ohio Inc ($11.5m), Planned Parenthood Greater Memphis Region Inc ($11.5m) and St Margarets Foundation ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $261k (2.3% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $7.6m against liabilities of $6.1m, net assets of $1.5m. It reported 188 employees.