Kids Bridge Inc

Analysis

Kids Bridge Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in March 2003, 23 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 June 2023, Kids Bridge Inc reported income of $88k and spending of $104k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $129k to $88k (-32%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 32%. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids Bridge Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Aldeson Ministerial Association ($88k), Manna House Pantry ($88k) and Troup Family Connection Authority ($88k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $56k. At year end it held assets of $201k against liabilities of -$874, net assets of $202k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.