Bridges Outreach Inc

Analysis

Bridges Outreach Inc is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in May 2018, 8 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, Bridges Outreach Inc reported income of $892k and spending of $864k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $310k to $892k (+188%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bridges Outreach Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Juventus Academy Houston Inc ($892k), Boys & Girls Club of Las Cruces Inc ($893k) and Lodi Boys and Girls Club Inc ($891k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $57k (6.6% of expenses). Other salaries and wages came to $201k. At year end it held assets of $270k against liabilities of $0, net assets of $270k. It reported 48 employees.