Bridge Networks

Analysis

Bridge Networks is a registered charity in United States, based in Westland, MI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Bridge Networks reported income of $116k and spending of $103k, spending 89% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $96k to $116k (+20%), an average of +20% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bridge Networks sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Genesis Ministries Inc ($116k), Myanmar Missions International Inc ($116k) and Center for Spiritual Formation Inc ($116k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $106k against liabilities of $70k, net assets of $36k.