Bridge Steps

Analysis

Bridge Steps is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Bridge Steps reported income of $11.7m and spending of $12.5m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.2m to $11.7m (+42%), an average of +9.2% a year. The sharpest change came in the year to September 2021, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge Steps sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Central American Resource Center - Carecen - of California ($11.7m), Good Neighbors Inc ($11.7m) and Lawrence Hall Health & Rehabilitation ($11.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $591k (4.7% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $8.1m against liabilities of $698k, net assets of $7.4m. It reported 179 employees.