Bridges Safehouse Inc

Analysis

Bridges Safehouse Inc is a registered charity in United States, based in Cedar Hill, TX. It received its IRS tax-exemption ruling in October 2000, 26 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 December 2023, Bridges Safehouse Inc reported income of $446k and spending of $462k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $446k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridges Safehouse Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Friends of Emek Lone Soldiers Inc ($446k), Help of Beaufort ($446k) and Winyan Wicayuonihan Oyanke-Where All Women Are Honored ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $44k (9.6% of expenses). Other salaries and wages came to $207k. At year end it held assets of $878k against liabilities of $222k, net assets of $656k. It reported 13 employees.