Weekday Eastside Bridge

Analysis

Weekday Eastside Bridge is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2015, 11 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 June 2024, Weekday Eastside Bridge reported income of $555k and spending of $547k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $229k to $555k (+143%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Weekday Eastside Bridge sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Axiom Education & Training Center ($555k), Hebret Mutual Aid Society Inc ($555k) and CTK Homeschool Group ($555k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $89k (16% of expenses). At year end it held assets of $88k against liabilities of $50k, net assets of $37k. It reported 3 employees.