Bridging Resources in Communities Inc

Analysis

Bridging Resources in Communities Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Bridging Resources in Communities Inc reported income of $804k and spending of $789k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $579k to $804k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridging Resources in Communities Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 51st percentile within DC. Charities of a similar size with the same main cause include Bnai Brith I & II Inc ($804k), JHC River Ranch Inc ($804k) and Solitas House Inc ($804k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $98k (12% of expenses). Other salaries and wages came to $306k. At year end it held assets of $151k against liabilities of $68k, net assets of $83k. It reported 8 employees.