The Bridge to Recovery Inc

Analysis

The Bridge to Recovery Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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, The Bridge to Recovery Inc reported income of $2.8m and spending of $3.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $2.8m (+4.3%), an average of +1.1% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Bridge to Recovery Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KY. Charities of a similar size with the same main cause include Hospice of Crawford County Inc ($2.8m), YMCA of Northern Rock County Inc ($2.8m) and AIDS Response Effort Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $168k (5.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $599k against liabilities of $188k, net assets of $412k. It reported 49 employees.