The Bridge Ministry Inc
Analysis
The Bridge Ministry Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, The Bridge Ministry Inc reported income of $1.7m and spending of $945k, leaving 45% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $511k to $1.7m (+240%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 78% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, The Bridge Ministry 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 85th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include T S G Publishing Foundation ($1.7m), Muslim American Youth Foundation ($1.7m) and Jewish Learning Venture ($1.7m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $304k. At year end it held assets of $3.2m against liabilities of $741k, net assets of $2.4m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| T S G Publishing Foundation | Scottsdale | $1.7m |
| Muslim American Youth Foundation | Burien | $1.7m |
| Jewish Learning Venture | Jenkintown | $1.7m |
| Evangelistic Outreach Inc | New Boston | $1.7m |