Ride Connection Bridge

Analysis

Ride Connection Bridge is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ride Connection Bridge reported income of $3.4m and spending of $3.5m, spending 105% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $32k to $3.4m (+10539%), an average of +374% a year. The sharpest change came in the year to June 2022, when income rose by 23543%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ride Connection Bridge sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Hope and a Future Inc ($3.4m), Saving Innocence Inc ($3.4m) and Helping Mamas Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $627k against liabilities of $443k, net assets of $184k. It reported 52 employees.