A Bridge for Kids

Analysis

A Bridge for Kids is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in August 2012, 14 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, A Bridge for Kids reported income of $449k and spending of $422k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $449k (+151%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 100%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Bridge for Kids sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Visionary Family Ministries Inc ($449k), St Mary Outreach Inc ($449k) and Sea Islands Hunger Awareness Foundation ($449k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. Compensation of current officers, directors and key employees was $50k (12% of expenses). Other salaries and wages came to $54k. At year end it held assets of $377k against liabilities of $42k, net assets of $335k. It reported 3 employees.