The Bridges Foundation

Analysis

The Bridges Foundation is a registered charity in United States, based in Jenks, OK. It received its IRS tax-exemption ruling in March 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Bridges Foundation reported income of $2.4m and spending of $2.6m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.4m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Bridges Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within OK. Charities of a similar size with the same main cause include Caribbean Womens Health Association Inc ($2.4m), Don Bosco Community Center ($2.4m) and Love to Grow on ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $108k (4.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.1m against liabilities of $115k, net assets of $2.0m. It reported 170 employees.