Bridal Glory International

Analysis

Bridal Glory International is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Bridal Glory International reported income of $1.1m and spending of $765k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $1.2m to $1.1m (-6.8%), an average of -6.8% a year. 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, Bridal Glory International sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within LA. Charities of a similar size with the same main cause include Wisdom of the Heart Church ($1.1m), St Michael Records Inc ($1.1m) and Christs Hope and Reconciliation Ministry ($1.1m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $197k (26% of expenses). At year end it held assets of $911k against liabilities of $25k, net assets of $885k. It reported 3 employees.