Bridging the Gap Learning Academy

Analysis

Bridging the Gap Learning Academy is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in June 2017, 9 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 October 2023, Bridging the Gap Learning Academy reported income of $89k and spending of $101k, spending 114% of what it took in. Across the 2 years on record, from December 2021 to October 2023, income fell from $104k to $89k (-15%), an average of -15% a year. 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, Bridging the Gap Learning Academy sits at the 36th 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 33rd percentile within KY. Charities of a similar size with the same main cause include Hillside Elementary School PTO ($89k), Golden Opportunity Go Inc ($89k) and Northwest Pavement Management Association ($88k).

On its Form 990-EZ for the period ending October 2023, revenue came from program service revenue 15% of the total. At year end it held assets of $7,874 against liabilities of $12k, net assets of -$4,208.