A Bridge to Opportunity Inc
Analysis
A Bridge to Opportunity Inc is a registered charity in United States, based in Pasadena, TX. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, A Bridge to Opportunity Inc reported income of $652k and spending of $659k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $667k to $652k (-2.4%), an average of -0.6% a year. Over the whole period it spent 103% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, A Bridge to Opportunity 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 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include New Phoebe House Association ($651k), Ahepa Dop 54 Inc ($652k) and Woodlawn Senior Housing Inc ($651k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 89% of the total. At year end it held assets of $1.8m against liabilities of $691k, net assets of $1.1m.
Income and spending
Where the income comes from
- Contributions & grants 7.7%
- Program services 89%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Phoebe House Association | Tacoma | $651k |
| Ahepa Dop 54 Inc | Houston | $652k |
| Woodlawn Senior Housing Inc | Timonium | $651k |
| Ramrod Senior Housing Inc | San Bernardino | $652k |