Bridges of America - the Turning Point Bridge Inc

Analysis

Bridges of America - the Turning Point Bridge Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 1988, 38 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 June 2023, Bridges of America - the Turning Point Bridge Inc reported income of $1.9m and spending of $2.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $968k to $1.9m (+100%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 145%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridges of America - the Turning Point Bridge Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Leila Day Nurseries Inc ($1.9m), San Francisco Fleet Week Association ($1.9m) and Branch County Coalition Against Domestic Violence ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $861k. At year end it held assets of $526k against liabilities of $1.9m, net assets of -$1.4m. It reported 35 employees.