Bridgepointe Inc

Analysis

Bridgepointe Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bridgepointe Inc reported income of $111k and spending of $108k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $537k to $111k (-79%), an average of -33% a year. The sharpest change came in the year to December 2020, when income dropped by 76%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridgepointe Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Team 66 Education Foundation ($111k), Katonah Elementary School Parent Teacher Organization ($111k) and Literacy for Kids Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $547k against liabilities of $0, net assets of $547k.