Bridge to Life Ministries

Analysis

Bridge to Life Ministries is a registered charity in United States, based in Spring Lake, MI. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bridge to Life Ministries reported income of $278k and spending of $287k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $278k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge to Life Ministries sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Smokin on the Rio Inc ($278k), Sirius Inc ($278k) and Brads House ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. Other salaries and wages came to $79k. At year end it held assets of $417k against liabilities of $764, net assets of $416k. It reported 4 employees.