Bridgwater Community Services Inc

Analysis

Bridgwater Community Services Inc is a registered charity in United States, based in Bridgewater, NJ. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bridgwater Community Services Inc reported income of $292k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $292k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income dropped by 139%. Over the whole period it spent 0.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridgwater Community Services Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Horizon Sober Living ($292k), Phoenix Pass Inc ($292k) and Scottsburg Senior Housing Corporation ($292k).

At year end it held assets of $5.7m against liabilities of $5.3m, net assets of $387k. It reported 7 employees.