Life Bridge Inc

Analysis

Life Bridge Inc is a registered charity in United States, based in Wolfeboro, NH. It received its IRS tax-exemption ruling in October 2004, 22 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 December 2023, Life Bridge Inc reported income of $122k and spending of $131k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $155k to $122k (-22%), an average of -5.9% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Life Bridge Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within NH. Charities of a similar size with the same main cause include District 100 Foundation ($122k), Construction Allies in Action ($122k) and Agape Christian Academy and Religious Institution ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (50% of expenses). At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 4 employees.