Bridgeview Estates Inc

Analysis

Bridgeview Estates Inc is a registered charity in United States, based in Valley City, ND. It received its IRS tax-exemption ruling in July 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bridgeview Estates Inc reported income of $1.4m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.4m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridgeview Estates Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ND. Charities of a similar size with the same main cause include R O U S E RPC Inc ($1.4m), Housing Opportunities Made Equal of Greater Cincinnati Inc ($1.4m) and Evolve Workforce & Multifamily Housing Services ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $577k. At year end it held assets of $2.1m against liabilities of $2.0m, net assets of $78k. It reported 54 employees.