Washington Bridge Unit

Analysis

Washington Bridge Unit is a registered charity in United States, based in Hyattsville, MD. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Washington Bridge Unit reported income of $67k and spending of $40k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $67k (+252%), an average of +252% a year. The sharpest change came in the year to December 2023, when income rose by 252%. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Washington Bridge Unit sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include Mid-Atlantic Rugby Football Union Inc ($67k), Laurel Youth Soccer Club ($67k) and Mesa Sprint Triathlon Foundation ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.