Bridges of Iowa

Analysis

Bridges of Iowa is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Bridges of Iowa reported income of $5.9m and spending of $3.7m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.9m (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 395%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bridges of Iowa sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Maple Lawn Nursing Home Inc ($5.9m), Mississippi Headwaters Area Dental Health Center Incorporated ($5.9m) and Delta Dental of Minnesota Trust ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $134k (3.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $4.1m against liabilities of $308k, net assets of $3.8m. It reported 71 employees.