Coachella Valley Bridge Foundation

Analysis

Coachella Valley Bridge Foundation is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in March 2009, 17 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, Coachella Valley Bridge Foundation reported income of $693k and spending of $482k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $490k to $693k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coachella Valley Bridge Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Virginia Miller Helping Others in Need Ministry Inc ($693k), Branches Worldwide ($693k) and Jasper County Council for the Aging ($693k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $144k. At year end it held assets of $2.4m against liabilities of $532k, net assets of $1.9m. It reported 8 employees.