Bridge Fund

Analysis

Bridge Fund is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Fund reported income of $848k and spending of $930k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $474k to $848k (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bridge Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Staten Island NFP Association Inc ($848k), The Koby Mandell Foundation Inc ($849k) and Bridges Impact Foundation ($846k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.