Bridges Advisory Committee

Analysis

Bridges Advisory Committee is a registered charity in United States, based in North Mankato, MN. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Bridges Advisory Committee reported income of $90k and spending of $84k, spending 94% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $70k to $90k (+29%), an average of +29% a year. The sharpest change came in the year to July 2023, when income rose by 29%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridges Advisory Committee sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Skunk Works Robotics Booster Club ($90k), Wines Parent Teacher Organization ($90k) and Rural Partners of Michigan ($90k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 48% and program service revenue 38% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.