Bridge the Gap - Syngap Education & Research Foundation

Analysis

Bridge the Gap - Syngap Education & Research Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2022, Bridge the Gap - Syngap Education & Research Foundation reported income of $70k and spending of $103k, spending 148% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $157k to $70k (-55%), an average of -33% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridge the Gap - Syngap Education & Research Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 14th percentile within DC. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($70k), Ncavad Inc ($70k) and Housing Alternatives Incorporated ($70k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 86% of the total. At year end it held assets of $4,757 against liabilities of $2,675, net assets of $2,082.