Puentes de Esperanza-Bridges of Hope

Analysis

Puentes de Esperanza-Bridges of Hope is a registered charity in United States, based in Fairview HTS, IL. It received its IRS tax-exemption ruling in February 2007, 19 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, Puentes de Esperanza-Bridges of Hope reported income of $812k and spending of $862k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $221k to $812k (+267%), an average of +38% a year. The sharpest change came in the year to June 2021, when income rose by 124%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Puentes de Esperanza-Bridges of Hope sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Grace Assembly Day Care ($812k), Lutheran Counseling Network ($812k) and Casa of South Texas ($812k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Other salaries and wages came to $389k. At year end it held assets of $223k against liabilities of $554k, net assets of -$331k.