Community Life Bridge Inc

Analysis

Community Life Bridge Inc is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Community Life Bridge Inc reported income of $313k and spending of $289k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $313k (+267%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 163%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Life Bridge Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within TN. Charities of a similar size with the same main cause include Good Shepherd Mission Inc ($313k), Grace United Community Ministries Inc ($313k) and The Set Me Free Project ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Other salaries and wages came to $181k. At year end it held assets of $196k against liabilities of $34k, net assets of $162k. It reported 4 employees.