Bridge Ministries Inc

Analysis

Bridge Ministries Inc is a registered charity in United States, based in Minden, NV. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Ministries Inc reported income of $145k and spending of $113k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $287k to $145k (-49%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bridge Ministries Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within NV. Charities of a similar size with the same main cause include Know Thyself As Soul Foundation Southeast Inc ($145k), Mandos Mission ($145k) and Society of St Vincent de Paul in the Archdiocese of Boston Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $643k against liabilities of $0, net assets of $643k.