Bridges for Life Ministries
Analysis
Bridges for Life Ministries is a registered charity in United States, based in Midland, PA. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 for Life Ministries reported income of $388k and spending of $323k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $388k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 80% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Bridges for Life Ministries sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include North Arkansas Gospel Mission ($388k), Second Chance Ministries Corp ($389k) and Rainbow Express Ministries ($388k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $43k (13% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Arkansas Gospel Mission | Hasty | $388k |
| Second Chance Ministries Corp | Florissant | $389k |
| Rainbow Express Ministries | Charlotte | $388k |
| Endowment for Community Leadership | Annandale | $389k |