Bridge Point Senior Village Inc

Analysis

Bridge Point Senior Village Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in June 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bridge Point Senior Village Inc reported income of $115k and spending of $192k, spending 167% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $120k to $115k (-4.0%), an average of -1.0% a year. Over the whole period it spent 149% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridge Point Senior Village Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Crossroads Villas ($115k), Crown Point Villas Inc ($115k) and Shared Blessings Inc ($115k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Other salaries and wages came to $5,535. At year end it held assets of $1.7m against liabilities of $79k, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.