Bridge-The-Gap Inc

Analysis

Bridge-The-Gap Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bridge-The-Gap Inc reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $30k to $2.1m (+6861%), an average of +734% a year. The sharpest change came in the year to December 2023, when income rose by 5267%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge-The-Gap Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Unless U ($2.1m), Metrocenter Teachers Apartments Inc ($2.1m) and Oaks Indian Mission Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. At year end it held assets of $20k against liabilities of $23k, net assets of -$3,533.