Bridge Boston Foundation Inc

Analysis

Bridge Boston Foundation Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Bridge Boston Foundation Inc reported income of $1.6m and spending of $1.2m, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.7m to $1.6m (-8.5%), an average of -2.2% a year. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridge Boston Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Tru Prep Academy Inc ($1.6m), Summit Academy Secondary School - Canton ($1.6m) and Island School ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% of the total. At year end it held assets of $13.7m against liabilities of $2.5m, net assets of $11.2m.