Bio Bridge

Analysis

Bio Bridge is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bio Bridge reported income of $40.6m and spending of $39.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $27.2m to $40.6m (+49%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bio Bridge sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Winslow Memorial Hospital Inc ($40.6m), Davis Behavioral Health Inc ($40.7m) and Montage Medical Group ($40.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $3.8m (9.6% of expenses). Other salaries and wages came to $19.3m. At year end it held assets of $75.2m against liabilities of $21.3m, net assets of $53.9m. It reported 231 employees.