CheckMyDonation

Bridge Ministries of Bryan Texas

RegisteredEIN 27-2067302Bryan, TXReligion
Income$1.5m2023-12
Spending$1.5msame year
Spent / received85%5-year average
Size in its cause94th pctReligion
Exempt since2010Publicly supported organisat
Employees8latest return

Analysis

Bridge Ministries of Bryan Texas is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in July 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, Bridge Ministries of Bryan Texas reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $1.5m (+506%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 252%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bridge Ministries of Bryan Texas sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include New Hope Eurasia Inc ($1.5m), Hwazan Buddhist Foundation ($1.5m) and Authentic Word Ministries Zion Temple Celebration Center ($1.5m).

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 $25k (1.7% of expenses). Other salaries and wages came to $103k. At year end it held assets of $631k against liabilities of $0, net assets of $631k. It reported 8 employees.

Income and spending

$0$365k$730k$1.1m$1.5m2019 Income: $240,3072019 Spending: $160,56920192020 Income: $318,2412020 Spending: $238,54820202021 Income: $342,4662021 Spending: $235,95420212022 Income: $413,1732022 Spending: $253,10820222023 Income: $1,455,9032023 Spending: $1,460,4692023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 4.5%

Similar-sized charities, same cause

CharityLocationIncome
New Hope Eurasia IncSugar Land$1.5m
Hwazan Buddhist FoundationMercer Island$1.5m
Authentic Word Ministries Zion Temple Celebration CenterHurst$1.5m
Chabad of Ciuj-Napoca Romania IncBrooklyn$1.5m