Bridge Thrift Center NFP

Analysis

Bridge Thrift Center NFP is a registered charity in United States, based in Orland Park, IL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Bridge Thrift Center NFP reported income of $918k and spending of $659k, leaving 28% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $490k to $918k (+87%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge Thrift Center NFP sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include John & Sylvia Workman Home for the Sick ($918k), Foster and Heart ($919k) and Regional Home Visitation Program ($918k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $283k. At year end it held assets of $1.2m against liabilities of $522k, net assets of $678k. It reported 44 employees.