Bridge the Gap Inc

Analysis

Bridge the Gap Inc is a registered charity in United States, based in Shawano, WI. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Bridge the Gap Inc reported income of $1.6m and spending of $1.2m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $403k to $1.6m (+286%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bridge the Gap Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Blessman International Inc ($1.6m), Center for Discovery Endowment Fund Inc ($1.6m) and Addario Lung Cancer Medical Institute ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 78% of the total. Other salaries and wages came to $740k. At year end it held assets of $929k against liabilities of $222k, net assets of $707k. It reported 33 employees.