Bridgeways Inc

Analysis

Bridgeways Inc is a registered charity in United States, based in Homewood, AL. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bridgeways Inc reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-7.2%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bridgeways Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Childrens Village Inc ($1.6m), Ruling Our Experiences Inc ($1.6m) and Iskali ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $98k (6.5% of expenses). Other salaries and wages came to $661k. At year end it held assets of $2.9m against liabilities of $149k, net assets of $2.8m. It reported 66 employees.