Bridges to Prosperity Northern Illinois

Analysis

Bridges to Prosperity Northern Illinois is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Bridges to Prosperity Northern Illinois reported income of $119k and spending of $122k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $119k (+1.2%), an average of +1.2% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bridges to Prosperity Northern Illinois sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Claremore Band Boosters Association Inc ($119k), Squiers Point Historians of Lebanon Township Inc ($119k) and Northern California Jewish Sports Hall of Fame ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $84k against liabilities of $3,024, net assets of $81k.