Bridgeway Services Inc

Analysis

Bridgeway Services Inc is a registered charity in United States, based in Southgate, MI. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 September 2023, Bridgeway Services Inc reported income of $10.7m and spending of $10.4m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $13.2m to $10.7m (-20%), an average of -5.3% a year. The sharpest change came in the year to September 2022, when income dropped by 18%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Bridgeway Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Atlanta Downtown Improvement District Inc ($10.6m), Combat Hate Foundation ($10.7m) and Assured Family Services ($10.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $526k. At year end it held assets of $7.6m against liabilities of $653k, net assets of $6.9m. It reported 7 employees.