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Bridgeway Foundation for Education Inc

RegisteredEIN 58-2361829Johns Creek, GAEducation and training
Income$4.2m2023-06
Spending$4.2msame year
Spent / received93%2-year average
Size in its cause88th pctEducation and training
Exempt since1998School
Employees80latest return

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

$0$1.1m$2.1m$3.2m$4.2m2022 Income: $4,054,5052022 Spending: $3,400,77520222023 Income: $4,151,0712023 Spending: $4,236,5732023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.0%
  • Program services 88%
  • Other 4.4%

Similar-sized charities, same cause

CharityLocationIncome
Academy 360Denver$4.1m
Democratic Schools Research IncBryan$4.2m
Newgate Education & Research Center IncMinneapolis$4.1m
The College of Staten Island Association IncStaten Island$4.2m