Bridge Inc

Analysis

Bridge Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in November 1973, 53 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, Bridge Inc reported income of $3.2m and spending of $3.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $3.2m (-14%), an average of -3.6% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bridge Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include West Sound Treatment Center Inc ($3.2m), International Society of Travel Medicine Inc ($3.2m) and Cystinosis Research Foundation ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $100k (3.1% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.3m against liabilities of $1.9m, net assets of $419k. It reported 63 employees.