Bridge a Life Inc

Analysis

Bridge a Life Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Bridge a Life Inc reported income of $401k and spending of $272k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $183k to $401k (+119%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 69% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bridge a Life Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Mamash Foundaton USA Inc ($401k), Swayam Krishi Sangam Foundation ($401k) and Christ Sanctuary International ($401k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $50k (18% of expenses). Other salaries and wages came to $58k. At year end it held assets of $525k against liabilities of $0, net assets of $525k. It reported 5 employees.