Community Bridges Incorporated

Analysis

Community Bridges Incorporated is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in November 1997, 29 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 June 2023, Community Bridges Incorporated reported income of $921k and spending of $850k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $578k to $921k (+59%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Bridges Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Porter County Council on Aging & Community Services Inc ($921k), Ways for Life Inc ($921k) and Lighthouse Immigrant Advocates ($921k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $92k (11% of expenses). Other salaries and wages came to $397k. At year end it held assets of $890k against liabilities of $51k, net assets of $839k. It reported 10 employees.