The Bridge for Youth

Analysis

The Bridge for Youth is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 1974, 52 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 September 2023, The Bridge for Youth reported income of $4.9m and spending of $4.8m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.0m to $4.9m (+22%), an average of +5.1% a year. 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, The Bridge for Youth sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Mamatoto Village Inc ($4.9m), Young Mens Christian Association-Findlay Ohio- ($4.9m) and Starting Points of Hudson County Inc ($4.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $581k (12% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $9.4m against liabilities of $2.9m, net assets of $6.4m. It reported 82 employees.