Bridges From School to Work Inc

Analysis

Bridges From School to Work Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in January 1990, 36 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 December 2023, Bridges From School to Work Inc reported income of $11.2m and spending of $10.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.5m to $11.2m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridges From School to Work Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Breckenridge Village ($11.2m), Community Vision Inc ($11.2m) and Metropolitan Community Services ($11.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $909k (8.8% of expenses). Other salaries and wages came to $6.0m. It paid $474k in professional fundraising fees. At year end it held assets of $12.1m against liabilities of $1.3m, net assets of $10.9m.