Comfort Bridge

Analysis

Comfort Bridge is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Comfort Bridge reported income of $15.0m and spending of $15.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.9m to $15.0m (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Comfort Bridge sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Westcare Gulfcoast-Florida Inc ($15.0m), Valley Hospital Foundation ($15.0m) and Health Effects Institute ($15.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.7m (18% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $9.0m against liabilities of $6.7m, net assets of $2.4m. It reported 133 employees.