Bridge Collective

Analysis

Bridge Collective is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2016, 10 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 December 2023, Bridge Collective reported income of $112k and spending of $76k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $641k to $112k (-83%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 26% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge Collective sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Concordia Community Foundation ($112k), Waccamaw Market Cooperative ($112k) and North Allegheny Orchestra Parents Association ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $800k against liabilities of $0, net assets of $800k.