Bridges of Hope Charitable TR

Analysis

Bridges of Hope Charitable TR is a registered charity in United States, based in Homerville, GA. It received its IRS tax-exemption ruling in January 1991, 35 years ago. 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 of Hope Charitable TR reported income of $2.4m and spending of $2.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.4m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridges of Hope Charitable TR sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Woodland Child Development Center Inc ($2.4m), Governors Scholars Program Inc ($2.4m) and Lutheran Education Foundation ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 52% of the total. Other salaries and wages came to $474k. At year end it held assets of $4.3m against liabilities of $154k, net assets of $4.2m. It reported 36 employees.