Bridge Ministry of Acadiana

Analysis

Bridge Ministry of Acadiana is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bridge Ministry of Acadiana reported income of $317k and spending of $313k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $390k to $317k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bridge Ministry of Acadiana sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within LA. Charities of a similar size with the same main cause include Authoring Action ($316k), Go Far ($317k) and Squash on Track ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $64k (20% of expenses). Other salaries and wages came to $45k. At year end it held assets of $1.8m against liabilities of $2,680, net assets of $1.8m. It reported 2 employees.