The Bridge Food & Diaper Bank Inc

Analysis

The Bridge Food & Diaper Bank Inc is a registered charity in United States, based in Elkhorn, WI. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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, The Bridge Food & Diaper Bank Inc reported income of $2.6m and spending of $2.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $578k to $2.6m (+343%), an average of +45% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Bridge Food & Diaper Bank Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Adams County Office for Aging ($2.6m), Lone Mountain Childrens Center Inc ($2.6m) and Ohio County & Independent Agricultural Societies ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $101k. At year end it held assets of $1.6m against liabilities of $9,630, net assets of $1.6m. It reported 3 employees.