Bridge of Community and Hope

Analysis

Bridge of Community and Hope is a registered charity in United States, based in Maple Valley, WA. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Bridge of Community and Hope reported income of $929k and spending of $548k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $649k to $929k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bridge of Community and Hope sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Columbus Council on World Affairs ($928k), Foundation for the Children of the Californias ($929k) and Grasp International Incorporated ($928k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $36k (6.6% of expenses). Other salaries and wages came to $38k. At year end it held assets of $1.6m against liabilities of $41k, net assets of $1.6m. It reported 4 employees.