Bridgeway Foundation for Education Inc
Analysis
Bridgeway Foundation for Education Inc is a registered charity in United States, based in Johns Creek, GA. It received its IRS tax-exemption ruling in June 1998, 28 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, Bridgeway Foundation for Education Inc reported income of $4.2m and spending of $4.2m, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $4.1m to $4.2m (+2.4%), an average of +2.4% a year. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Bridgeway Foundation for Education Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Academy 360 ($4.1m), Democratic Schools Research Inc ($4.2m) and Newgate Education & Research Center Inc ($4.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.0% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $166k (3.9% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $9.9m against liabilities of $7.7m, net assets of $2.2m. It reported 80 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.0%
- Program services 88%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Academy 360 | Denver | $4.1m |
| Democratic Schools Research Inc | Bryan | $4.2m |
| Newgate Education & Research Center Inc | Minneapolis | $4.1m |
| The College of Staten Island Association Inc | Staten Island | $4.2m |