Mybridge

Analysis

Mybridge is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Mybridge reported income of $3.2m and spending of $2.5m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.2m (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mybridge sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within NE. Charities of a similar size with the same main cause include Koinonia Conference Grounds ($3.2m), Ner Gavriel Fund Inc ($3.2m) and Community Educational Television ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $261k (11% of expenses). Other salaries and wages came to $829k. At year end it held assets of $10.0m against liabilities of $29k, net assets of $10.0m. It reported 32 employees.