Bridge Builders Foundation Inc
Analysis
Bridge Builders Foundation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1999, 27 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 October 2023, Bridge Builders Foundation Inc reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $395k to $1.4m (+257%), an average of +38% a year. The sharpest change came in the year to October 2020, when income rose by 181%. Over the whole period it spent 63% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Bridge Builders Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Lionheart Academy of the Triad ($1.4m), Whatcom Community College Foundation ($1.4m) and Upstate Father Hood Coalition ($1.4m).
On its Form 990 for the period ending October 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $110k (8.5% of expenses). Other salaries and wages came to $90k. At year end it held assets of $2.4m against liabilities of $11k, net assets of $2.4m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 11%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lionheart Academy of the Triad | Greensboro | $1.4m |
| Whatcom Community College Foundation | Bellingham | $1.4m |
| Upstate Father Hood Coalition | Greenville | $1.4m |
| Lifespring Academy | Clayton | $1.4m |