Kern Bridges Youth Homes

Analysis

Kern Bridges Youth Homes is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in February 1993, 33 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 September 2023, Kern Bridges Youth Homes reported income of $7.5m and spending of $7.6m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.7m to $7.5m (+60%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kern Bridges Youth Homes sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include YWCA Greater Harrisburg ($7.5m), Veterans of Foreign Wars National Home for Children ($7.5m) and Food Pantry Network of Licking County ($7.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $165k (2.2% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $4.9m against liabilities of $2.6m, net assets of $2.3m. It reported 85 employees.