Bridge of Hope Greater Denver

Analysis

Bridge of Hope Greater Denver is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, Bridge of Hope Greater Denver reported income of $547k and spending of $639k, spending 117% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $320k to $547k (+71%), an average of +20% a year. The sharpest change came in the year to March 2022, when income rose by 69%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge of Hope Greater Denver sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Water Education for Latino Leaders ($547k), Faith Influenced Leaders Corporation ($548k) and The Alpine Club ($547k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 115% of the total. At year end it held assets of $540k against liabilities of $3,185, net assets of $537k. It reported 11 employees.