Bridging Bionics Foundation

Analysis

Bridging Bionics Foundation is a registered charity in United States, based in Basalt, CO. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Bionics Foundation reported income of $952k and spending of $830k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $663k to $952k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bridging Bionics Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include San Mateo County Sheriffs Activities League ($951k), Boys and Girls Club of Central Wyoming Endowment Foundation Inc ($952k) and Free Spirit Media NFP ($950k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $106k (13% of expenses). Other salaries and wages came to $137k. At year end it held assets of $1.1m against liabilities of $7,845, net assets of $1.1m. It reported 5 employees.