Bridges of America - the Lake City Bridge Inc

Analysis

Bridges of America - the Lake City Bridge Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bridges of America - the Lake City Bridge Inc reported income of $3.2m and spending of $2.9m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $3.2m (-2.4%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Bridges of America - the Lake City Bridge Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Mississippi Coalition on Black Civic Participation ($3.2m), Georgia Justice Project Inc ($3.2m) and Northeast Nebraska Juvenile Services Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.6m against liabilities of $527k, net assets of $3.1m. It reported 49 employees.