Bridgehaven Inc

Analysis

Bridgehaven Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in June 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Bridgehaven Inc reported income of $3.8m and spending of $5.0m, spending 134% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.7m to $3.8m (+3.1%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bridgehaven Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Onslow Radiation Oncology LLC ($3.8m), Highlands Cashiers Health Foundation ($3.8m) and Sweet Memorial Nursing Home ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $633k (13% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $18.1m against liabilities of $391k, net assets of $17.7m. It reported 63 employees.