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Bridge to Hope Inc

RegisteredEIN 45-4352239Phoenix, AZPoverty relief
Income$211k2023-12
Spending$217ksame year
Spent / received92%3-year average
Size in its cause49th pctPoverty relief
Exempt since2013Publicly supported organisat
Employees2latest return

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

$0$54k$108k$162k$217k2021 Income: $211,3632021 Spending: $157,05820212022 Income: $195,2392022 Spending: $197,01120222023 Income: $210,7212023 Spending: $216,6032023
IncomeSpending

Where the income comes from

  • Contributions & grants 78%
  • Program services 7.0%
  • Other 15%

Similar-sized charities, same cause

CharityLocationIncome
Cochran County Senior Citizens Association IncMorton$211k
New Foundation House of Hope IncCallahan$211k
Casa Vegana LLCSan Juan$211k
Re Gen Er AteGrandville$211k