Bridgeway Recovery Services Inc

Analysis

Bridgeway Recovery Services Inc is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Bridgeway Recovery Services Inc reported income of $24.3m and spending of $13.6m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.2m to $24.3m (+118%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 79%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bridgeway Recovery Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include The Whole Child-Mental Health & Housing Services ($24.3m), B C B U Inc ($24.3m) and National Association of State Mental Health Program Directors in ($24.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $444k (3.3% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $27.4m against liabilities of $1.8m, net assets of $25.6m. It reported 153 employees.