Bridge to Hope Inc
Analysis
Bridge to Hope Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2013, 13 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 December 2023, Bridge to Hope Inc reported income of $211k and spending of $217k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $211k to $211k (-0.3%), an average of -0.2% a year. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge to Hope Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within AZ. Charities of a similar size with the same main cause include Cochran County Senior Citizens Association Inc ($211k), New Foundation House of Hope Inc ($211k) and Casa Vegana LLC ($211k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 7.0% of the total. Other salaries and wages came to $81k. At year end it held assets of $133k against liabilities of $242, net assets of $133k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 7.0%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cochran County Senior Citizens Association Inc | Morton | $211k |
| New Foundation House of Hope Inc | Callahan | $211k |
| Casa Vegana LLC | San Juan | $211k |
| Re Gen Er Ate | Grandville | $211k |