The Bridge

Analysis

The Bridge is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in September 1977, 49 years ago. 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 June 2024, The Bridge reported income of $2.7m and spending of $2.3m, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.9m to $2.7m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The 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 88th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include Cannon Street Young Mens Christian Association ($2.7m), PLM Families Together Inc ($2.7m) and Catholic Charities of Northern Kansas Inc ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $129k (5.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.9m against liabilities of $651k, net assets of $3.2m. It reported 56 employees.