Bridge to Turkiye

Analysis

Bridge to Turkiye is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 June 2023, Bridge to Turkiye reported income of $14.2m and spending of $7.2m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $656k to $14.2m (+2061%), an average of +116% a year. The sharpest change came in the year to June 2023, when income rose by 3936%. Over the whole period it spent 57% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Bridge to Turkiye sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Recreational Boating and Fishing Foundation ($13.8m), Firehouse Subs Public Safety Foundation Inc ($14.3m) and Jackson Community Ambulance Inc ($12.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.