Bridge Downeast

Analysis

Bridge Downeast is a registered charity in United States, based in Harkers Is, NC. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Downeast reported income of $377k and spending of $371k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $377k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bridge Downeast 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 66th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include New Prairie Building Trades Inc ($376k), Tulare County Fair Heritage Foundation Inc ($377k) and Rudys Kids Inc ($376k).

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 $199k. At year end it held assets of $611k against liabilities of $17k, net assets of $594k. It reported 22 employees.