Bridges Educational Foundation Inc

Analysis

Bridges Educational Foundation Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bridges Educational Foundation Inc reported income of $1.4m and spending of $102k, leaving 93% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.8m to $1.4m (-24%), an average of -8.6% a year. The sharpest change came in the year to June 2023, when income rose by 257%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridges Educational Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Kalamazoo Plumbing & Pipefitting Training Fund Plan & TR ($1.4m), The Learning Collaborative ($1.4m) and San Juan Diego Catholic Regional High School ($1.4m).

At year end it held assets of $0 against liabilities of $0, net assets of $0.