Bridge Youth & Family Services

Analysis

Bridge Youth & Family Services is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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 Youth & Family Services reported income of $1.6m and spending of $1.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.6m (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridge Youth & Family Services sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Lee Health Services ($1.6m), Society of St Vincent de Paul Council ($1.6m) and Hillel the Foundation for Jewish Campus Life ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $137k (9.7% of expenses). Other salaries and wages came to $745k. At year end it held assets of $897k against liabilities of $66k, net assets of $831k. It reported 40 employees.