Blessings Under the Bridge

Analysis

Blessings Under the Bridge is a registered charity in United States, based in Spokane Valley, WA. It received its IRS tax-exemption ruling in September 2011, 15 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, Blessings Under the Bridge reported income of $1.3m and spending of $885k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $403k to $1.3m (+210%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blessings Under the Bridge sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Myositis Association ($1.2m), Mias Homes Foster Family Agency ($1.3m) and A2sv Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $124k (14% of expenses). Other salaries and wages came to $204k. At year end it held assets of $440k against liabilities of $37k, net assets of $403k. It reported 20 employees.