Bridge Ministry of Burton Texas

Analysis

Bridge Ministry of Burton Texas is a registered charity in United States, based in Burton, TX. It received its IRS tax-exemption ruling in August 2017, 9 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, Bridge Ministry of Burton Texas reported income of $239k and spending of $160k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $239k (+151%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge Ministry of Burton Texas sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Downey Side Inc ($239k), Dark Horse Global Inc ($239k) and Minnie Blessings in Paradise Ministry Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $22k (14% of expenses). Other salaries and wages came to $27k. At year end it held assets of $694k against liabilities of $198k, net assets of $495k. It reported 8 employees.