Drawbridge an Arts Program for Homeless Children

Analysis

Drawbridge an Arts Program for Homeless Children is a registered charity in United States, based in Fairfax, CA. It received its IRS tax-exemption ruling in July 1996, 30 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 June 2023, Drawbridge an Arts Program for Homeless Children reported income of $305k and spending of $303k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $211k to $305k (+44%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Drawbridge an Arts Program for Homeless Children sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Empower to Succeed ($305k), Juju Foundation Inc ($305k) and Butler-Wyatt-Thompson Jr No 2 Boys and Girls Club Inc ($305k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $97k (32% of expenses). Other salaries and wages came to $91k. At year end it held assets of $373k against liabilities of $2,945, net assets of $370k. It reported 9 employees.