Family Bridges

Analysis

Family Bridges is a registered charity in United States, based in Oakbrook Ter, IL. It received its IRS tax-exemption ruling in March 2011, 15 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, Family Bridges reported income of $824k and spending of $881k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $824k (-70%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 69%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Bridges sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Pipal NFP ($824k), Peppertree Centers Inc ($825k) and Little Wishes ($824k).

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 $264k. At year end it held assets of $295k against liabilities of $0, net assets of $295k. It reported 9 employees.