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A Bridge to Opportunity Inc

RegisteredEIN 76-0632758Pasadena, TXHousing and shelter
Income$652k2023-12
Spending$659ksame year
Spent / received103%5-year average
Size in its cause63rd pctHousing and shelter
Exempt since2000Publicly supported organisat
Employees0latest return

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

$0$184k$367k$551k$734k2019 Income: $667,2722019 Spending: $698,12520192020 Income: $699,7672020 Spending: $734,45320202021 Income: $671,7302021 Spending: $626,11920212022 Income: $628,5132022 Spending: $706,03520222023 Income: $651,5022023 Spending: $658,9222023
IncomeSpending

Where the income comes from

  • Contributions & grants 7.7%
  • Program services 89%
  • Other 3.6%

Similar-sized charities, same cause

CharityLocationIncome
New Phoebe House AssociationTacoma$651k
Ahepa Dop 54 IncHouston$652k
Woodlawn Senior Housing IncTimonium$651k
Ramrod Senior Housing IncSan Bernardino$652k