Bridgeport Estates Inc

Analysis

Bridgeport Estates Inc is a registered charity in United States, based in Springtown, TX. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Bridgeport Estates Inc reported income of $61k and spending of $79k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $21k to $61k (+193%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 195%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridgeport Estates Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Better Homes for North Carolina Inc ($61k), Efcdc Financial Support Corporation ($61k) and On Our Own IV Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $9,841. At year end it held assets of $571k against liabilities of $14k, net assets of $557k.