Hope Beyond Bridges

Analysis

Hope Beyond Bridges is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in December 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, Hope Beyond Bridges reported income of $142k and spending of $146k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $142k (+41%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Beyond Bridges sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include The Shaw Community Transformation Corporation ($142k), Nome Inc ($142k) and Tri-Coastal Community Outreach ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $31k against liabilities of $2,989, net assets of $28k.