Bridging for Tomorrow

Analysis

Bridging for Tomorrow is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 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, Bridging for Tomorrow reported income of $1.8m and spending of $1.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $406k to $1.8m (+342%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 475%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridging for Tomorrow sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Childrens Oncology Support Fund ($1.8m), Peaceful Meadows Recovery Center Inc ($1.8m) and Mill City Grows Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.3m against liabilities of $381k, net assets of $901k.