Project Bridges Day Care Center and Preschool Inc

Analysis

Project Bridges Day Care Center and Preschool Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project Bridges Day Care Center and Preschool Inc reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Bridges Day Care Center and Preschool Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Selfreliance Association ($1.6m), Faith Mission Home Inc ($1.6m) and Rochdale Village Social Services Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $52k (3.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $435k against liabilities of $229k, net assets of $206k. It reported 70 employees.