The Bridge

Analysis

The Bridge is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, The Bridge reported income of $1.8m and spending of $1.5m, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $1.8m (+67%), an average of +14% a year. The sharpest change came in the year to August 2023, when income rose by 35%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Bridge sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Boat People Sos Inc ($1.8m), Baraboo St Vincent de Paul Society St Joseph Conference Inc ($1.8m) and Mitchell-Baker Service Center Inc ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 89% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $90k (5.9% of expenses). Other salaries and wages came to $808k. At year end it held assets of $4.0m against liabilities of $10k, net assets of $3.9m. It reported 18 employees.