New Bridge Foundation Inc

Analysis

New Bridge Foundation Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in April 1972, 54 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, New Bridge Foundation Inc reported income of $7.2m and spending of $6.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $7.2m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Bridge Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Maple Manor Care Center ($7.2m), Carilion Clinic Foundation ($7.2m) and Southwestern Mental Health Center Inc ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $247k (4.1% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $19.2m against liabilities of $1.3m, net assets of $17.9m. It reported 62 employees.