Bridges of Williamson County

Analysis

Bridges of Williamson County is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in December 1998, 28 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 2022, Bridges of Williamson County reported income of $1.7m and spending of $1.1m, leaving 32% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.1m to $1.7m (+59%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bridges of Williamson County sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Arms Wide Open Childhood Cancer Foundation ($1.7m), Abide Womens Health Center Inc ($1.7m) and Shotrx Memphis Community Development Corporation ($1.7m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 90% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $76k (6.7% of expenses). Other salaries and wages came to $507k. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m. It reported 17 employees.