Bridges Cooperative Ministry

Analysis

Bridges Cooperative Ministry is a registered charity in United States, based in Johnstown, PA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Bridges Cooperative Ministry reported income of $139k and spending of $173k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $139k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridges Cooperative Ministry sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Kingsway Help Center ($139k), International 22q11 2 Deletion Syndrome Foundation Inc ($139k) and Restore Dignity ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $91k. At year end it held assets of $77k against liabilities of $2,940, net assets of $74k. It reported 3 employees.