Bridge Trust

Analysis

Bridge Trust is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 1983, 43 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bridge Trust reported income of $78k and spending of $49k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $90k to $78k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 310%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridge Trust sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within CO. Charities of a similar size with the same main cause include Oakwood Residence Inc ($78k), PTA California Congress of Parents Teachers & Students Inc ($78k) and Lake Minnewawa Association Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.