Golden Bridges School

Analysis

Golden Bridges School is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Golden Bridges School reported income of $3.5m and spending of $3.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.5m (+126%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Bridges School sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Ross County Christian Academy Inc ($3.5m), Horizon Christian School Inc ($3.5m) and Lane Community College Foundation ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $234k (6.8% of expenses). At year end it held assets of $4.4m against liabilities of $4.5m, net assets of -$58k. It reported 58 employees.