Williams Bridge Academy

Analysis

Williams Bridge Academy is a registered charity in United States, based in Rye, NH. It received its IRS tax-exemption ruling in October 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Williams Bridge Academy reported income of $4.3m and spending of $4.3m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.5m to $4.3m (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Williams Bridge Academy sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NH. Charities of a similar size with the same main cause include Great Lakes Region Volleyball ($4.3m), Po Ailani ($4.3m) and Marin Waldorf School Assn Inc ($4.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $154k (3.6% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $3.2m against liabilities of $701k, net assets of $2.5m. It reported 61 employees.